The BNB Foundation has executed its 33rd quarterly token burn, destroying a substantial amount of Binance Coin (BNB) to bolster scarcity and reduce circulating supply. 1,441,281.413 BNB were burned, initially valued at approximately $1.208 billion, but the total worth surged to around $1.66 billion due to a price increase during the process.
This event aligns with the foundation's deflationary objective to cut the total BNB supply to 100 million tokens, with about 37 million BNB remaining to be burned. The current remaining supply stands at 137,738,379.26 BNB. The burn was conducted directly on the BNB Smart Chain (BSC), utilizing the BNB Auto-Burn system for transparency and independent verification.
Looking forward, the 34th quarterly burn in Q4 2025 is projected to remove 1,239,221.72 BNB, estimated at over $1.4 billion based on current valuations. In a related development, Binance has partnered with Kyrgyzstan to launch a stablecoin (KGST) and a CBDC tied to the BNB ecosystem, scheduled for early 2026.
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