HomeLatest NewsUSTC Burn Surpasses 724,000 in First 11 Days of October

USTC Burn Surpasses 724,000 in First 11 Days of October

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More than 724,000 TerraClassicUSD (USTC) tokens were burned during the first 11 days of October 2026, bringing the reported total to 724,537. The latest figures highlight continued burn activity across the Terra Classic ecosystem, with October 5 recording the largest daily burn so far this month.

According to the daily burn figures, USTC burns exceeded 700,000 in less than two weeks. The total reflects the cumulative burns recorded from October 1 through October 11, providing an early look at the token’s burn activity for October.

USTC Burn Total Reaches 724,537 in October

The reported USTC burn total reached 724,537 during the first 11 days of October. October 5 was the strongest day, with 306,955 USTC burned. This accounted for approximately 42.4% of the total recorded during the period.

The daily figures show that burn activity varied throughout the first 11 days. Several days recorded burns below 50,000 USTC, while October 5 stood out with a significantly higher figure.

Daily USTC Burn Table for October 2026

The following table shows the reported daily USTC burns from October 1 through October 11.

Date Daily USTC Burn
October 1, 2026 42,223
October 2, 2026 29,506
October 3, 2026 86,535
October 4, 2026 19,486
October 5, 2026 306,955
October 6, 2026 19,926
October 7, 2026 13,868
October 8, 2026 39,268
October 9, 2026 46,578
October 10, 2026 54,553
October 11, 2026 65,639
Total 724,537

October 5 Leads Daily USTC Burns

October 5 recorded 306,955 USTC burned, making it the largest daily figure in the reported period. The next highest daily total was 86,535 USTC on October 3.

Burn activity also increased toward the end of the period. Daily burns rose from 46,578 USTC on October 9 to 54,553 on October 10 and 65,639 on October 11.

However, daily burn figures alone do not establish a sustained trend. Continued data will be needed to determine whether the pace of USTC burns increases or declines during the rest of October.

What Do USTC Burns Mean for Terra Classic?

Token burns permanently remove tokens from circulation by sending them to designated burn addresses or using other recognized burn mechanisms. The impact on circulating supply depends on the number of tokens burned relative to the total supply and any new token issuance.

Although burning USTC reduces the number of tokens in circulation, it does not automatically guarantee a price increase or a return to the token’s former dollar peg. Market demand, liquidity, trading activity, and broader market conditions also influence its price.

With 724,537 USTC burned between October 1 and October 11, the coming weeks will show whether the ecosystem can maintain or increase its burn activity.

Conclusion

USTC burns reached 724,537 in the first 11 days of October 2026. October 5 accounted for the largest daily burn, with 306,955 tokens, while October 11 recorded 65,639 USTC burned.

The figures provide an early snapshot of October’s burn activity within the Terra Classic ecosystem. Further daily data will be needed to assess the month’s final total and the pace of USTC burns.

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Adit 39
Adit 39https://www.adit39studio.com/
The world shall know PAIN

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