Data: USDC Circulation Down by About 800 Million in the Last 7 Day

On October 12, Circle's official data showed that USDC liquidity declined by approximately 800 million coins in the seven days ending October 10, 2024, a period during which Circle issued approximately 1.8 billion USDC and redeemed approximately 2.6 billion coins.

Currently, USDC has a total liquidity of 34.6 billion units and a reserve of approximately $34.8 billion. Over the past 365 days, 123.1 billion USDC were issued and 113.9 billion were redeemed, a net increase of 9.3 billion.