Data: USDC circulation decreased by approximately 1.1 billion in the past 7 days

Odaily News According to official data, in the 7 days ending December 29, Circle issued approximately 4.6 billion USDC and redeemed approximately 5.7 billion USDC, resulting in a net decrease in circulation of about 1.1 billion. The total circulation of USDC is 75.9 billion, with reserves totaling approximately $76.3 billion. This includes approximately $51 billion in overnight reverse repurchase agreements; approximately $14.6 billion in Treasury bills with maturities of less than 3 months; approximately $10 billion in deposits at systemically important institutions; and approximately $800 million in deposits at other banks.