USDC Ethereum blockchain burn

Key Points:* USDC Treasury conducts large 54.47 million USDC burn on Ethereum.

  • Event helps maintain USDC’s stable peg to USD.
  • No official statements from Circle leaders post-burn event. On July 25, 2025, the USDC Treasury destroyed 54.47 million USDC worth $54.46 million on Ethereum, monitored by Whale Alert, to manage supply and maintain its USD peg.

This significant burn event is a routine measure for USDC supply adjustment, with no major market impact observed immediately following the action.

USDC Burn of 54.47 Million Tokens Conducted

On July 25, 2025, a total of 54.47 million USDC was permanently destroyed on Ethereum by the USDC Treasury with the goal to stabilize USDC’s price against the US dollar and manage liquidity efficiently.

This burn is part of a broader supply management strategy initiated by the Treasury, which involved the destruction of 104.48 million USDC within 24 hours, ensuring the stablecoin maintains its intended peg.

The event did not spur any major reactions from government bodies or industry leaders. Notably, Circle executives and prominent crypto figures did not issue public statements concerning this regular operational adjustment.

USDC Market Stability Strategies Confirmed by New Burn

Did you know? Historically, similar USDC redemptions have been routine operations to sustain its 1:1 USD peg without triggering large-scale industry shifts.

As of July 26, 2025, USDC maintains a stable price of $1.00 with a market cap of 64,232,592,512, reflecting a -0.01% change in the preceding 24 hours, according to CoinMarketCap. The daily trading volume reached 14,197,879,056, showing a -18.72% decrease, with a circulating supply of 64,241,093,919.

USDC(USDC), daily chart, screenshot on CoinMarketCap at 06:53 UTC on July 26, 2025. Source: CoinMarketCap Based on Coincu’s analysis, routine burns like these support market stability, enhancing Circle’s credibility in managing USDC’s supply effectively. The absence of changes in total value locked (TVL) on major platforms aligns with historical trends where such actions rarely disturb broader market dynamics.

| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |

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ETH1.04%
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