USDC circulation decreased by $400 million in the past week, with a total circulation of $32.3 billion
As of May 30th, Circle has issued a total of 2 billion USDC and redeemed 2.4 billion USDC in the past 7 days, reducing its circulating supply by 400 million USDC. The total circulation of USDC is 32.3 billion USDC, with a reserve of 32.5 billion USDC, of which approximately 3.4 billion USDC is in cash and the Circle Reserve Fund holds approximately 29.1 billion USDC.
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