Data: USDC circulating supply increased by approximately 400 million in the past 7 days
According to ChainCatcher, official data shows that in the 7 days leading up to October 16, Circle issued approximately 7.6 billion USDC and redeemed about 7.2 billion USDC, resulting in a net increase of around 400 million USDC in circulation. The total circulating supply of USDC is 75.9 billion, with reserves of approximately 76.1 billion US dollars, including about 9.9 billion US dollars in cash and around 66.2 billion US dollars held in the Circle Reserve Fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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