USDC Treasury Executes $51M Token Burn on Ethereum

Krutika Adani

$51M Burned on Ethereum: What Happened?

  • On April 8, 2025, USDC Treasury burned 51M USDC on Ethereum — flagged by Whale Alert. This move reflects Circle's ongoing liquidity management strategy.

Stability Intact

  • Despite the burn, USDC holds strong at $1.00. The market shows no signs of panic or shifts in DeFi preference — signaling user confidence.

Circle Stays Silent, But the Math Talks

  • No official word from CEO Jeremy Allaire or Circle. Yet, the supply drop aligns with Circle’s 90/10 reserves strategy — 90% U.S. Treasuries, 10% cash.

USDC By the Numbers

  • Market Cap: $60.2B

  • 24h Volume: $23.48B

  • Dominance: 2.39%

Strategic Stability

  • Analysts say the burn reinforces long-term stability in DeFi. USDC’s consistent value helps reduce risk in volatile crypto markets.

Learn more