The USDC treasury has burned 71.33 million coins, leading to an adjustment in the supply of stablecoins.

On-chain data from the crypto world shows that the USDC treasury has recently burned 71.33 million Tokens, equivalent to 71.33 million USD in assets leaving the market. Such treasury operations usually reflect the issuer's liquidity management strategy and can affect the supply of USDC in the market. The burning of stablecoins has always been a focal point of market attention, as it directly relates to the long-term value maintenance of the coin and ecological stability.