USDC circulation has decreased by approximately US$300 million in the past week
According to data from Circle's official website, in the past 7 days, Circle has issued approximately $1.3 billion USDC and redeemed approximately $1.6 billion USDC, reducing the circulation by approximately $300 million. Currently, the total circulation of USDC is $25 billion, with a reserve of $25.2 billion, including $1.6 billion in cash and Circle Reserve Fund holding $23.6 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SEC to receive record $8.2 billion from enforcement in fiscal 2024, mostly from Terraform Labs
CAT becomes the only BSC chain token in the top 20 Wintermute market-making meme coins
BTC falls below $97,000
Trending news
MoreCrypto prices
More
