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USDC Treasury Burns 100 Million USD Coin (USDC) on Solana

The burn’s reported value was about $100.151 million.

Updated 1 min read
A ledger diagram shows a USDC burn recorded on the Solana blockchain. / TokenPost.ai (mono)
A ledger diagram shows a USDC burn recorded on the Solana blockchain. / TokenPost.ai (mono)

A Nov. 2 burn on Solana involved 100 million USD Coin (USDC) from the USDC Treasury, with a reported value of about $100.151 million for the transaction.

Separately, EconoTimes previously covered two 250 million USDC mints at the USDC Treasury on Solana. That earlier report said the mint records did not establish whether those tokens were later distributed.

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