PANews reported on April 12 that according to official data, within the 7 days up to April 10, Circle issued approximately 3.2 billion USDC and redeemed around 4.1 billion USDC, resulting in a decrease of about 900 million in circulation. The total circulation of USDC is approximately 59.8 billion, with reserves of around $60 billion, including approximately $6.7 billion in cash and about $53.3 billion held in the Circle Reserve Fund.
Data: The circulating supply of USDC has decreased by approximately 900 million units over the past 7 days.
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