USDC Treasury Burns 50 Million Tokens on Ethereum

Tokens that are burned will no longer be in circulation, helping to stabilize the value of USDC. This action is part of periodic adjustments to maintain the connection of the stablecoin with USD, ensuring trust in the market.

USDC is one of the important stablecoins in the crypto market, often used for trading, lending, and holding value. It provides a bridge between traditional finance and digital assets.

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