PANews reported on December 29th that, according to Whale Alert, the USDC Treasury burned 98,469,098 USDC on the Solana blockchain, worth approximately $98,547,PANews reported on December 29th that, according to Whale Alert, the USDC Treasury burned 98,469,098 USDC on the Solana blockchain, worth approximately $98,547,
The USDC Treasury destroyed nearly 100 million USDC on the Solana blockchain and minted an equivalent amount of USDC on the Ethereum blockchain.
PANews reported on December 29th that, according to Whale Alert, the USDC Treasury burned 98,469,098 USDC on the Solana blockchain, worth approximately $98,547,873. Subsequently, the USDC Treasury minted 98,469,098 new USDC on the Ethereum blockchain, worth approximately $98,557,720. This appears to be a blockchain swap operation.
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