Data: The circulation of USDC has increased by approximately 700 million in the past 7 days
According to official data, in the seven days leading up to September 26th, Circle issued approximately 2.5 billion USDC and redeemed about 1.8 billion USDC, increasing circulation by 700 million coins. The total circulation of USDC is around 36.2 billion coins with a reserve of approximately $36.5 billion USD, including roughly $4.8 billion in cash and an estimated $31.6 billion held in the Circle Reserve Fund.
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.
You may also like
Trending news
MoreLogistic Properties of the Americas, a logistics real estate platform, recently signed a master forward purchase agreement with relevant parties for the acquisition of several strategically located Class A industrial real estate assets in Mexico.
Strategy currently has an unrealized loss of $5.907 billions, Bitmine currently has an unrealized loss of $7.885 billions.
Crypto prices
More
