Back to all news
Policy

USDC Treasury burns 100 million USDC on Solana

Crypto Briefing·November 2, 2026·1 min read
USDC Treasury burns 100 million USDC on Solana

USDC Treasury burned 100 million USDC on Solana, reflecting Circle's active supply management. This burn could boost institutional trust in USDC's stability and compliance appeal. The reduction in supply may impact liquidity and demand dynamics for the stablecoin on the Solana network.

Read at Crypto Briefing
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store