USDC Treasury Performs $139 Million Burn, Maintaining Stablecoin Peg

On November 14th, 2025, the USDC Treasury conducted a significant burn operation of approximately $139 million USD Coin (USDC). This action reduces USDC supply and aligns with off-chain redemptions. The impact is felt across DeFi markets as stablecoin liquidity fluctuates. Circle Internet Financial, LLC, issuer of USDC, oversees these actions to uphold the integrity of their reserve-backed stablecoin system. No public statements have been made by Circle leadership regarding this burn.