The post USDC Treasury Burns 100 Million USDC on Ethereum appeared on BitcoinEthereumNews.com.

Key Points: USDC Treasury burns $100M on Ethereum; involves USDC Treasury and Whale Alert. Action affects USDC supply on Ethereum blockchain. No official remarks from Circle or market shifts noted. On January 12, Whale Alert tracked the destruction of 100,052,150 USDC (~$100 million) by the USDC Treasury, executed on the Ethereum blockchain at 22:36 Beijing time. The USDC burn potentially signifies strategic supply management by Circle, impacting its stablecoin’s circulating supply, though immediate market reactions or significant price changes remain unreported. USDC Treasury Executes $100 Million Burn on Ethereum USDC Treasury executed a notable transaction by burning 100,052,150 USDC at 22:36 Beijing time on January 12, using the Ethereum blockchain. The burn, monitored by Whale Alert, reflects a significant move in managing USDC’s circulating supply. This event did not involve roles from Circle executives or Ethereum Foundation entities. The burn is set to reduce the USDC supply on the Ethereum blockchain by approximately $100 million. However, no direct financial implications have been detailed, indicating it is part of standard supply adjustment practices typically associated with demands and withdrawals. In the absence of public announcements or analyses from key figures like Circle’s Jeremy Allaire or others associated with Crypto KOLs, responses remain muted. The lack of official reaction, either from the community or market analysts, points to the burn as a routine action without strong implications. “It appears that there are no quotes or comments available from key players, KOLs, or official reports regarding the January 12, 2026, USDC Treasury destruction of ~100 million USDC. As you’ve outlined, the lack of primary sources and direct statements from involved parties and influencers reflects an absence of discourse around this specific event.” Stable Relationship: USDC Supply Control and Market Stability Did you know? The destruction of 100 million USDC is a regular practice…

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Filed under: News - @ January 12, 2026 11:16 pm