Odaily reported that 100 million USDC were burned from the USDC Treasury in a transaction carried out on the Solana blockchain. Based on the figures provided in the newsflash, the burned amount was valued at about $100 million. The brief did not include additional transaction details, counterparties, or timing beyond stating that the burn took place on Solana. As presented in the source, the update was limited to the token amount, the treasury involved, the chain where the transaction occurred, and the approximate dollar value tied to the burn.
Odaily reported that 100 million USDC were burned from the USDC Treasury, with the transaction taking place on the Solana blockchain. The amount was valued at about $100 million.
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