Data: USDC circulation increased by 900 million in the past week

Odaily News According to official data, as of February 8, Circle issued 2 billion USDC and redeemed 1.1 billion USDC in the past week, with the circulation increasing by 900 million. The total circulation of USDC is US$27.6 billion, with reserves of US$27.7 billion, including US$3.3 billion in cash and US$24.5 billion held by the Circle Reserve Fund.