Approximately 135 million USDC were burned, following Circle's earlier minting of approximately 168 million USDC on the Ethereum network

According to Odaily, USDC Treasury burned approximately 135 million USDC on the Ethereum network at 01:42 today, valued at approximately $135 million, and the burn transaction has been successfully confirmed. Circle minted approximately 168 million USDC on the Ethereum network at 00:49 today.