USTC Burn Reaches Over 400,000 in Just 12 Days
The Terra Classic ecosystem continues its efforts to reduce the circulating supply of USTC. Over the last 12 days, more than 400,000 USTC tokens have been permanently removed from circulation, marking steady progress in the ongoing burn initiative.
Burn activity has varied from day to day, reflecting changes in network usage and transaction volume. Despite these fluctuations, the overall trend remains positive, showing consistent participation in the supply reduction process.
Daily USTC Burn Breakdown
Below is a summary of daily USTC burns recorded during the first 12 days of January.
| Month | Date | USTC Burned |
|---|---|---|
| January | 1 | 33,407 |
| January | 2 | 93,158 |
| January | 3 | 15,065 |
| January | 4 | 7,253 |
| January | 5 | 15,637 |
| January | 6 | 7,618 |
| January | 7 | 9,758 |
| January | 8 | 33,196 |
| January | 9 | 58,758 |
| January | 10 | 115,023 |
| January | 11 | 8,474 |
| January | 12 | 7,387 |
| Total | 404,734 | |
What This Means for USTC
The burn of over 400,000 USTC tokens in less than two weeks demonstrates ongoing commitment from the community and ecosystem participants. While daily burn volumes can change based on activity levels, sustained burns contribute to gradual supply reduction over time.
Continued on chain activity, ecosystem growth, and increased network usage will remain key factors in maintaining and potentially increasing future USTC burn levels.
