DeFiLlama: Circle has burned a record ~$9B of its USDC stablecoin in the past 90 days, decreasing supply from $55.55B to $46.57B, as DeFi yields decline (Osato Avan-Nomayo/The Block)

Osato Avan-Nomayo / The Block: DeFiLlama: Circle has burned a record ~$9B of its USDC stablecoin in the past 90 days, decreasing supply from $55.55B to $46.57B, as DeFi yields decline  —  - The USDC supply has dropped about $9 billion since early July.  — This decline is due to an uptick in USDC redemptions for the U.S. dollar.

Oct 6, 2022 - 12:23
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DeFiLlama: Circle has burned a record ~$9B of its USDC stablecoin in the past 90 days, decreasing supply from $55.55B to $46.57B, as DeFi yields decline (Osato Avan-Nomayo/The Block)

Osato Avan-Nomayo / The Block:
DeFiLlama: Circle has burned a record ~$9B of its USDC stablecoin in the past 90 days, decreasing supply from $55.55B to $46.57B, as DeFi yields decline  —  - The USDC supply has dropped about $9 billion since early July.  — This decline is due to an uptick in USDC redemptions for the U.S. dollar.

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