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9 days agoUSDC burns 60 million tokens amid supply adjustment; BNB dips below $1,060
The USDC Treasury burned 60 million tokens on the Ethereum blockchain this week as part of an ongoing supply adjustment to align market liquidity. Stablecoin circulation continues to fluctuate as exchanges rebalance holdings following a drop in trading activity. Meanwhile, Binance’s native token BNB fell below $1,060, marking a 0.97% decline within 24 hours. Market sentiment remains subdued post-October’s flash correction, with overall crypto market capitalization stabilizing near $3.7 trillion according to CoinMarketCap data.
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neutral
9 days agoUSDC burns 60 million tokens amid supply adjustment; BNB dips below $1,060
The USDC Treasury burned 60 million tokens on the Ethereum blockchain this week as part of an ongoing supply adjustment to align market liquidity. Stablecoin circulation continues to fluctuate as exchanges rebalance holdings following a drop in trading activity. Meanwhile, Binance’s native token BNB fell below $1,060, marking a 0.97% decline within 24 hours. Market sentiment remains subdued post-October’s flash correction, with overall crypto market capitalization stabilizing near $3.7 trillion according to CoinMarketCap data.
Explore:Mutual Fund AI Screening
neutral
USDC burns 60 million tokens amid supply adjustment; BNB dips below $1,060
9 days ago
1 min read
74 words
USDC burned 60 million tokens to adjust liquidity as BNB declined 0.97%, reflecting continued crypto market caution following October’s price correction.
The USDC Treasury burned 60 million tokens on the Ethereum blockchain this week as part of an ongoing supply adjustment to align market liquidity. Stablecoin circulation continues to fluctuate as exchanges rebalance holdings following a drop in trading activity. Meanwhile, Binance’s native token BNB fell below $1,060, marking a 0.97% decline within 24 hours. Market sentiment remains subdued post-October’s flash correction, with overall crypto market capitalization stabilizing near $3.7 trillion according to CoinMarketCap data.
The USDC Treasury burned 60 million tokens on the Ethereum blockchain this week as part of an ongoing supply adjustment to align market liquidity. Stablecoin circulation continues to fluctuate as exchanges rebalance holdings following a drop in trading activity. Meanwhile, Binance’s native token BNB fell below $1,060, marking a 0.97% decline within 24 hours. Market sentiment remains subdued post-October’s flash correction, with overall crypto market capitalization stabilizing near $3.7 trillion according to CoinMarketCap data.
Companies:
Circle
Binance
Tags:
crypto
blockchain
crypto
blockchain
usdc
bnb
Oct 22, 2025 • 13:47 IST