$BTTC BitTorrent and its digital currency (BTTC) are among the oldest and best-known names in decentralized file sharing. With the development of Web3 technologies, the network has evolved into an integrated infrastructure connecting different blockchain networks. Today, the BTTC community is experiencing a week packed with major developments that could chart a new course for the currency’s future.
The biggest event: the first major token burn
In a long-awaited move, the network carried out its first official quarterly buyback and burn of its currency just a few days ago (on October 16). The operation permanently removed more than 21.6 trillion tokens from circulation, valued at approximately US$7.6 million [1.1.4, 1.1.5]. More significant than the amount burned is how the operation was funded: entirely by revenue from the network’s decentralized services during the third quarter of 2026 [1.1.5, 1.2.5]. This shift toward a “deflationary economy” reflects a genuine commitment to linking actual use of the network with a reduction in the currency’s supply, which could gradually ease selling pressure.
$BTTC #BTTC #BTTcReward #BTTC. #BTTC/USD #bttcusdt
The biggest event: the first major token burn
In a long-awaited move, the network carried out its first official quarterly buyback and burn of its currency just a few days ago (on October 16). The operation permanently removed more than 21.6 trillion tokens from circulation, valued at approximately US$7.6 million [1.1.4, 1.1.5]. More significant than the amount burned is how the operation was funded: entirely by revenue from the network’s decentralized services during the third quarter of 2026 [1.1.5, 1.2.5]. This shift toward a “deflationary economy” reflects a genuine commitment to linking actual use of the network with a reduction in the currency’s supply, which could gradually ease selling pressure.
$BTTC #BTTC #BTTcReward #BTTC. #BTTC/USD #bttcusdt