USDC circulation increased by 400 million in the past 7 days
According to official data, within the 7 days ending on February 15th, Circle issued 1.6 billion USDC and redeemed 1.2 billion USDC, resulting in an increase of 400 million USDC in circulation. The total circulation of USDC is 28 billion US dollars, with a reserve of 28.2 billion US dollars, including 3.2 billion US dollars in cash and 24.9 billion US dollars held by the Circle Reserve Fund.
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
Navigating Crypto Volatility: How Bitcoin and Altcoins Influence Your Trading Choices
Understanding the Impact of Market Volatility on Crypto Trading: A Look at the Risk and Reward in Bitcoin and Altcoins
Bitcoin Plunge Signals Opportunity to Buy as USDT Flow Peaks in Six Months
Analyzing Stablecoin Spikes amid Bitcoin's Decline: A Sign of Impending Rally or a Word of Caution?
Keeping Faith in Bitcoin: Unraveling the 2017 Cycle and the Power of HODLing Strategy
Identifying Parallels Between BTC's Current Trends and Its Performance Four Years Prior - Should Investors Hold Firm or Alter Approaches?
Fantom’s Solid Pattern of Higher Lows: What’s Next for FTM Price?
Trending news
MoreCrypto prices
More
