Live feed · Ethereum mainnet

USDT and USDC burn tracker: every stablecoin burned, live

When stablecoins are redeemed for dollars, the issuer burns them and the supply shrinks. This free live feed posts every USDT and USDC burn on Ethereum the moment it is confirmed, with the amount and the transaction.

Set this alert for yourself

Free · within seconds of confirmation

Examples

What a burn post looks like

Each post is one event from the token contract, with the amount and the transaction. The cards show the wording; the real posts are in the channel.

BurnExample

300,000,000 USDT

Tether burned 300,000,000 USDT

Ethereum · USDTRedeem

BurnExample

120,000,000 USDC

0x15d3…6A65

Circle burned 120,000,000 USDC

Ethereum · USDCBurn

BurnExample

50,000,000 USDT

Tether burned 50,000,000 USDT

Ethereum · USDTRedeem

Example cards. Every real event is posted to the Telegram channel within seconds of confirmation.

What the feed posts

Every event, per stablecoin

One post per event, from the token contract itself. Ordinary transfers never reach the feed.

Tether (USDT)

0xdac17f958d2ee523a2206206994597c13d831ec7

Tether burns USDTRedeem
USDT removed from Tether's treasury, usually after a redemption.

USD Coin (USDC)

0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48

Circle burns USDCBurn
USDC destroyed by a Circle minter when dollars are redeemed.

Why follow it

Why people follow it

Money leaving crypto

A burn is a redemption: stablecoins handed back for dollars. Large burns are read as money going out.

Straight from the contract

Each post is the issuer's own on-chain event, with the transaction. No estimates, no opinions.

Supply, one event at a time

Mints and burns together are every change in supply, as it happens.

Explained

What is a stablecoin burn?

A burn destroys tokens and lowers the total supply. For a dollar stablecoin it is the on-chain half of a redemption: someone hands tokens back to the issuer and gets dollars, and the issuer burns those tokens.

Only the issuer can burn. Every burn is recorded by the token contract as an event anyone can read.

Explained

How Tether burns USDT

Redeemed USDT first goes back to Tether's treasury address in an ordinary transfer. Tether then burns it from the treasury (the contract calls it a redeem), which lowers the supply and logs a Redeem event with the amount.

Explained

How Circle burns USDC

A Circle minter burns USDC from its own balance, which logs a Burn event with the minter and the amount. The USDC to be burned is sent to the minter first, in an ordinary transfer.

Explained

Why stablecoin burns matter

Burns are the other half of the supply story: where mints show money coming in, burns show it leaving.

Traders read large burns as dollars leaving exchanges and crypto.
Analysts net mints against burns to follow each stablecoin's supply.
Exchanges, desks and treasuries see redemptions as soon as they are on-chain.

Explained

How to read a burn post

Each post is one event. The first line says who burned how much, such as "Tether burned 300,000,000 USDT", followed by a link to the transaction on Etherscan and a link back here to set the same alert for yourself. Amounts are never converted to US dollars.

Your own alert

Want it in your own chat?

The feed posts everything. Open the ready-made rule: the address, the events and the conditions are filled in. Add a minimum amount if you like, click Create, and only what matters to you reaches your Telegram.

Ready-made ruleTether (USDT)

Ready-made ruleUSD Coin (USDC)

How it works

How the feed works

01
Our worker reads only these contracts and these events, nothing else.
02
Within seconds of confirmation it posts the event to the public channel.
03
Every post links to the transaction, so you can check it yourself.

FAQ

Frequently asked questions

Where does the data come from?

Every post comes from the token contract's own event on Ethereum mainnet, read within seconds of confirmation, with a link to the transaction on Etherscan. The contracts are TetherToken for USDT (0xdac17f958d2ee523a2206206994597c13d831ec7) and Circle's USDC proxy (0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48).

What is the difference between a burn and a redemption?

A redemption is the off-chain part: tokens handed back to the issuer for dollars. The burn is the on-chain part: the issuer destroys those tokens, and that is the event this feed shows.

Can I get alerts only for large burns?

Yes. Set the same rule for yourself from the template on this page and add a condition, such as a minimum amount or one address. The free Beta plan covers one contract and needs no card. Amounts are in token units, for example 50,000,000 USDC.

Does the feed cover Tron and other chains?

Ethereum mainnet only. USDT and USDC also live on other chains (Tron, Solana and more), and each chain has its own contract, supply and blacklist. These feeds do not cover them.