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Data: The circulation of USDC has increased by 100 million in the past 7 days

Data: The circulation of USDC has increased by 100 million in the past 7 days

2024/02/24 07:54
USDC-0.02%

According to official data, in the seven days leading up to February 22nd, Circle issued 1.1 billion USDC and redeemed 1.2 billion USDC, increasing circulation by 100 million coins. The total circulation of USDC is $28 billion, with reserves amounting to $28.1 billion, including $2.9 billion in cash and $25.2 billion held by 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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