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USDC circulation increased by US$900 million in the past week, with total circulation reaching US$33 billion

USDC circulation increased by US$900 million in the past week, with total circulation reaching US$33 billion

Bitget2024/04/21 05:42

Golden Finance reported that according to official data, as of April 18, Circle had issued a total of US$4.6 billion in USDC and redeemed approximately US$3.8 billion in USDC in the past seven days, increasing the circulation by approximately US$900 million. USDC has a total circulating supply of $33 billion and reserves of $33.1 billion, of which approximately $3.8 billion is in cash and approximately $29.3 billion is held in the Circle Reserve Fund.

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