USTC Burn Activity Update: Over 1.7 Million USTC Burned in Just 16 Days
The Terra Classic ecosystem continues to demonstrate steady progress in reducing the supply of TerraClassicUSD (USTC). Over the past 16 days, a total of more than 1.7 million USTC has been permanently removed from circulation, reflecting consistent on chain burn activity throughout mid December.
Token burning plays an important role in supply management by permanently removing tokens from the total supply. While daily burn amounts may fluctuate, the cumulative effect highlights sustained participation and ongoing efforts within the Terra Classic ecosystem.
Overview of the Latest USTC Burn
From December 1 to December 16, a total of 1,720,226 USTC has been burned. The data shows several notable days with higher burn volumes, particularly on December 6, which recorded the largest single day burn during this period.
This steady burn pace reinforces the long term objective of gradually reducing USTC supply through transparent and verifiable on chain activity.
Daily USTC Burn Breakdown
| Month | Date | USTC Burned |
|---|---|---|
| December | 1 | 15,068 |
| December | 2 | 14,622 |
| December | 3 | 44,933 |
| December | 4 | 189,151 |
| December | 5 | 157,437 |
| December | 6 | 603,331 |
| December | 7 | 135,725 |
| December | 8 | 51,193 |
| December | 9 | 18,630 |
| December | 10 | 162,388 |
| December | 11 | 24,001 |
| December | 12 | 112,496 |
| December | 13 | 27,710 |
| December | 14 | 37,447 |
| December | 15 | 109,253 |
| December | 16 | 16,841 |
| Total | 1,720,226 |
What This Means for the Terra Classic Ecosystem
Consistent USTC burns signal continued network activity and commitment to supply reduction. While burns alone do not guarantee immediate market impact, they form a foundational part of broader economic and governance efforts within the Terra Classic ecosystem.
As on chain mechanisms, community initiatives, and ecosystem utilities continue to develop, transparent burn tracking remains an important metric for monitoring long term progress.
