According to ChainCatcher, Whale Alert monitored that USDC Treasury destroyed 50 million USDC on the Ethereum chain at around 23:11 Beijing time today. 💸

This destruction action has attracted widespread attention in the market. As a stablecoin, changes in the supply of USDC may have a certain impact on the market. Although the destruction of 50 million USDC is not a huge amount, it is still worth investors' attention.

At present, the market's reaction to this destruction has not yet fully emerged. Investors can continue to pay attention to subsequent market dynamics to better understand its potential impact. 📊