Data: USDC circulation increased by about 1 billion in the past 7 days
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According to official data from Foresight News , in the seven days ending March 20, Circle issued about 3.6 billion USDC, redeemed about 2.6 billion USDC, and the circulation increased by about 1 billion. The total circulation of USDC is 59.2 billion, and the reserve is about 59.5 billion US dollars, of which about 7.2 billion is in cash, and the Circle Reserve Fund holds about 52.3 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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