Data: The circulation of USDC has increased by about 1 billion in the past 7 days
According to official data, as of March 20th, within the past 7 days, Circle has issued approximately 3.6 billion USDC and redeemed about 2.6 billion USDC, increasing the circulation by around 1 billion. The total circulation of USDC is about 59.2 billion, with reserves estimated at around $59.5 billion USD; this includes roughly $7.2 billion in cash and an approximate $52.3 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.
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