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
Ethereum’s ETH/BTC Pair Faces Potential Downturn Amid Weak Market Signals for 2025
Austrian Bank Raiffeisen Bank Invests Millions of Euros in Crypto Tax Firm Blockpit
Enso is now available on Sonic Network
Yesterday, ARKB had a net outflow of $9 million, and Grayscale ETH had a net outflow of $9.3 million
Trending news
MoreCrypto prices
More
