USDC circulation increased by 100 million in the past 7 days
According to official data, within the 7 days ending on June 20th, Circle issued 2 billion USDC and redeemed 1.9 billion USDC, increasing the circulation by 100 million USDC. The total circulation of USDC is 32.6 billion US dollars, with a reserve of approximately 32.7 billion US dollars, of which 3.7 billion US dollars are in cash and Circle Reserve Fund holds 29.1 billion US dollars.
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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