According to official data, in the past 7 days, Circle has issued approximately $2.4 billion USDC and redeemed approximately $2.3 billion USDC, with the circulating supply decreasing by less than $100 million. The total circulating supply of USDC is $34.7 billion, with a reserve of $34.9 billion, of which approximately $3.8 billion is in cash and $31.1 billion is held by the Circle Reserve Fund.
The current total circulation of USDC is 34.7 billion US dollars, and the reserve is 34.9 billion US dollars
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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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