USDC Treasury Burns Over 110M USDC in Supply Cuts

Published: 2025-10-31 12:13:54 |

USDC Treasury has executed two significant on-chain burns, removing 60 million USDC (~$60.08 M) on October 29 and a subsequent 50.24 million USDC (~$50.23 M), totaling over 110 million USDC taken out of circulation. Verified by Whale Alert, these stablecoin burns reflect Circle’s active supply management. Market response was muted, with no major price movements recorded. Traders should monitor future USDC supply changes for potential impacts on liquidity and peg stability.

Neutral

While the dual burns remove over 110 million USDC and demonstrate proactive supply management, the market reaction has been muted and USDC’s peg remains stable. In the short term, reduced supply may support liquidity and peg confidence, but as a fiat‐backed stablecoin, USDC’s price impact is minimal. Long‐term stability is unlikely to be disrupted, making the overall effect neutral.