- USDC Treasury burned over $111 million in stablecoins on-chain.
- Visa unveils USDC payments.
- Stablecoin adoption skyrockets as real-world use cases emerge globally.
Over 111 million USDC worth $111,645,825 were burned on the USDC Treasury, reducing the circulating stablecoin supply.
Massive USDC Burn Raises Eyebrows
On 1 May 2025, the on-chain event recorded by blockchain monitors about the stablecoin reemerged interest in its essential operational structure. 111,669,108 USDC could have been net burnt either at a new treasury direction, decreased demand for USDC, changes in market liquidity, or due to an external financial conversion activity.
This is exceedingly rare in USDC as it involves user cash redemption or systematic changes to its issuance protocol within the USDC ecosystem. USDC is a fully reserved system, as all tokens in existence are 1:1 U.S. dollars. The burn of such extensive burns indicates a significant amount of U.S. dollar coins was redeemed from the circulating supply.
As the payment applications for USDC exploded, the banks burned USDC. Soon before the USDC token burn, a US stablecoin payment card system was available in the U.S. market through a joint venture between Baanx and Visa. It provides a payment solution where customers can buy with USDC and use their self-controlled wallets to transact. At the same time, an intelligent contract system automatically converts the coins to traditional currency at the point of purchase.
At the same time, the companies made a huge breakthrough and combined a decentralized financial infrastructure with a traditional payment system. USDC stablecoins will allow users to access daily purchases exactly as they would with conventional debit or credit cards from any merchant accepting Visa payments.
Circle’s Payment Infrastructure Push
Circle spends much of its time working with the issuer of USDC stablecoin (also known as Circle) to establish USDC as a stablecoin in the global financial system and add it to the ever-growing global fintech infrastructure. The firm concentrates on reducing costs, improving transparency, and developing an international money payment system, which it does. It helps Visa-Baanx in its efforts to provide stablecoin payment services to unbanked and underbanked people.
Research analysts interpret the recent USDC destruction as caused by treasury optimization methods. Thus, institutions might be liquidating their positions, or new usages might necessitate more on-chain liquidity management. USDC’s destruction led to a combination of online payment growth, which indicates the utility of stablecoins evolving into something else. According to Baanx CEO Simon Jones, people can use USD-backed stablecoins autonomously and instantaneously, not depending on third parties.
Representatives of Visa, including Rubail Birwadker, said that though stablecoin platform developments are still emerging, the focus is now shifting toward actual real-life applications. When this happened, the marketplace watched how changes in stablecoin market leadership would impact the liquidity flow and the patterns of blockchain activity.
This kind of supply reduction, which affects the digital asset sector immediately, requires treasury-level actions that maintain USDC in its central position in remittances, payments, and DeFi protocols.
