Destruction

According to reports, data shows that USDC Treasury destroyed 78220647 USDC (worth approximately $78220647).
USDC Treasury Destroys 78220647 USDC
IntroductionIn recent news, it has

On March 13, the Watchers monitoring data showed that Circle destroyed 220000000 1 USDCs again. Earlier, Circle had just destroyed 314167155.05 USDCs in a single transaction. Interpretation of this information: The article reveals that a cryptocurrency company named Circle has destroyed a massive amount of USDCs, 220000000 and 314167155.05 USDCs respectively in two separate transactions. The reason for the destruction of tokens is not specified, but it could be inferred that the move must have been made to reduce the circulating supply, among other possibilities. Circle is a digital currency…

It is reported that Watchers monitoring data shows that Circle destroyed 314167155.05 USDC in a single transaction. Interpretation of this information: The news report states that there was a transaction of Circle, a cryptocurrency company, where they destroyed a significant amount of USDC. The reported amount being destroyed was 314167155.05 USDC, which is a staggering number. This has been picked up by Watchers monitoring data, which is an organization that monitors blockchain activity on various cryptocurrency platforms. The term ‘destroyed’ in the context of cryptocurrencies means that the USDC was…

According to reports, Whale Alert data showed that at 22:34:35 Beijing time on February 24, Paxos Treasury destroyed 162499505 BUSDs. Interpretation of this information: The above message highlights a recent development in the cryptocurrency market, as per the data shared by Whale Alert. The report confirms that Paxos Treasury, a leading provider of blockchain infrastructure solutions, has destroyed a significant amount of BUSDs on February 24th, 2021, at 22:34:35 Beijing time. This news is significant for multiple reasons, and its interpretation can help users understand the implications of the event…

According to the report, the monitoring data of Whale Alert showed that at 7:58:23 Beijing time, the USDC Treasury destroyed 118914100 USDCs. Interpretation of this information: The message, which comes in the form of a report, highlights the recent activity of an entity known as USDC Treasury. The report indicates that Whale Alert – a platform that tracks various blockchain transactions – monitored a specific instance in which the USDC Treasury destroyed 118,914,100 USDCs. This destruction happened at a precise time, which is specified as 7:58:23 in Beijing time. To…

According to reports, according to Etherscan data, Paxos Treasury destroyed 93336183 BUSDs one hour ago (17:21:23 UTC, February 22). Interpretation of this information: The recent news on Paxos Treasury is quite intriguing as it reports a destruction of 93,336,183 BUSDs (a stablecoin pegged to the US dollar) an hour ago, as per Etherscan data. Paxos Treasury is a regulated financial institution that also acts as a custodian for the stablecoin BUSD. BUSD is used to facilitate efficient transactions on distributed ledgers as it is a digital asset that settles on-chain….

According to reports, Whale Alert data showed that at 05:16 on February 15, 2023, the USDC Treasury destroyed 220000000 USDCs. Interpretation of this information: The message relays news about the destruction of a significant amount of USDC by the USDC Treasury. Whale Alert data indicates that as of February 15, 2023, at exactly 05:16, the USDC Treasury destroyed 220,000,000 units of USDC. USDC or the USD Coin is a popular cryptocurrency pegged to the value of the US dollar, allowing for greater stability in the volatile world of cryptocurrency. This…

According to the report, according to the Ultrasound. oney browser, at present, more than 2.9 million pieces have been destroyed in the Ethereum network, and the current destruction amount is 2901033 pieces, with a value of more than 4.35 billion dollars. Since the merger, the supply of Ethereum has deflated more than 17000 ETHs, and the current annual deflation rate of ETH is 0.12%. Interpretation of this information: The message highlights several key points about the state of the Ethereum ecosystem. The first is that over 2.9 million pieces have…