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In the past 7 days, Circle has issued 1.9 billion USDC, increasing the circulating supply by 100 million tokens

In the past 7 days, Circle has issued 1.9 billion USDC, increasing the circulating supply by 100 million tokens

Bitget2023/12/31 00:53
USDC0.00%

According to TechFlow's report, official data shows that Circle issued 1.9 billion USDC and redeemed 1.8 billion USDC in the past seven days, increasing the circulation by 100 million tokens. As of December 28th, the total circulation of USDC is $24.8 billion, with a reserve of $24.9 billion, including $2.6 billion in cash held by the Circle Reserve Fund and $22.3 billion held by it.

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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