As of January 4th, the circulation of USDC has rebounded to 25.1 billion coins
According to data from the Circle website, from December 29, 2023 to January 4, 2024, a total of approximately 2.3 billion USDC were issued by Circle and approximately 2.1 billion USDC were redeemed, resulting in an increase in circulation of approximately 300 million USDC.
As of January 4th, the circulating supply of USDC is about 25.1 billion tokens with reserve funds totaling around 25.1 billion tokens.
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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Data: In the past 24 hours, total liquidations across the network reached $268 millions, with long positions liquidated for $174 millions and short positions liquidated for $93.5061 millions.