USDC Burning Rumors Spark Liquidity Questions on Solana

Questions about the liquidity implications of large USDC mints on the Solana network are arising as unconfirmed reports suggest nearly 74.4 million USDC were burned on the platform. Despite these claims, no direct evidence supports this assertion. However, increased mintings on Solana may have a significant impact on USDC liquidity, potentially influencing DeFi activity and even SOL’s market price. ]