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In the past week, Circle issued about $2.7 billion in USDC and redeemed about $2.6 billion in USDC.

2024-07-27 00:50
Odaily News According to official data, as of July 25, Circle has issued about $2.7 billion USDC in the past 7 days, redeemed about $2.6 billion USDC, and the circulation increased by less than $100 million. The total circulation of USDC is $33.7 billion, and the reserve is $33.9 billion, of which about $4.2 billion is in cash, and the Circle Reserve Fund holds about $29.7 billion.