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USDC circulation increased by 100 million in the past 7 days

USDC circulation increased by 100 million in the past 7 days

Cointime2023/12/31 01:46
By: Cointime
USDC+0.03%

According to official data , Circle issued 1.9 billion USDC and redeemed 1.8 billion USDC in the past seven days, increasing the circulation by 100 million USDC. As of December 28th, the total circulation of USDC was 24.8 billion US dollars, with a reserve of 24.9 billion US dollars, including 2.6 billion US dollars in cash, and the Circle Reserve Fund held 22.3 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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