According to Mars Finance, as of July 25, Circle has issued about $2.7 billion USDC in the past 7 days, redeemed about $2.6 billion USDC, and the circulation increased by less than $100 million. The total circulation of USDC is $33.7 billion, and the reserve is $33.9 billion, of which about $4.2 billion is in cash, and the Circle Reserve Fund holds about $29.7 billion.
Data: In the past week, Circle issued approximately $2.7 billion USDC and redeemed approximately $2.6 billion USDC.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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