USDC circulation increased by approximately 300 million in the past 7 days
According to official data, within the 7 days ending on October 31st, Circle issued approximately 2.4 billion USDC and redeemed approximately 2 billion USDC, resulting in a circulation increase of approximately 300 million tokens. The total circulation of USDC is 34.7 billion tokens, with a reserve of approximately 34.9 billion US dollars, of which approximately 4.3 billion US dollars are in cash and the Circle Reserve Fund holds approximately 30.6 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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