As of January 18, the circulation of USDC has rebounded to 25.6 billion
According to data from the Circle website, from January 11, 2024 to January 18, 2024, Circle issued approximately 2.2 billion USDC and redeemed about 1.8 billion USDC, increasing the circulation by about 400 million. As of January 18th, the circulation of USDC was around 25.6 billion with reserve funds estimated at approximately $25.7 billion.
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