USDC circulation decreased by 300 million coins in the past week
According to data from the Circle official website , Circle issued a total of 1.3 billion USDC in the past 7 days, redeemed 1.6 billion USDC, and reduced the circulation by 300 million USDC. As of November 9th, the total circulation of USDC was 24.1 billion, with a reserve of 24.2 billion US dollars, including 1.3 billion US dollars in cash, and the Circle Reserve Fund held 22.9 billion US dollars.
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
Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge
Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High
Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped
Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders
Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Trending news
MoreCrypto prices
More
