USDC Treasury Burns 50 Million USDC on Ethereum, Whale Alert Reports

Whale Alert reports the USDC treasury burned 50 million USDC on the Ethereum blockchain, marking a notable supply move in stablecoin markets.

Rich by Coin

2025-12-23

On December 23, Whale Alert reported that the USDC treasury burned 50 million USDC on the Ethereum network. The burn represents an on-chain reduction of circulating USDC supply and aligns with routine stablecoin supply management.

Burn events like this are tracked by blockchain analytics and can influence market sentiment, though the report does not indicate an immediate price impact. Whale Alert’s monitoring service continues to track such on-chain activity, highlighting ongoing adjustments in stablecoin supply on Ethereum.