Data: USDC circulation increased by about 1.1 billion in the past 7 days

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ChainCatcher
2 days ago
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According to official data, in the 7 days up to March 13, Circle issued approximately 3.7 billion USDC, redeemed approximately 2.6 billion USDC, and the circulating supply increased by approximately 1.1 billion.

The total circulating supply of USDC is 58.3 billion, with a reserve of approximately $58.5 billion, of which approximately $7.4 billion is in cash, and the Circle Reserve Fund holds approximately $51.1 billion.

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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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