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USDC circulation increased by $100 million last week

USDC circulation increased by $100 million last week

Cointime2023/12/19 06:56
By: Cointime
USDC+0.01%

According to official data, as of December 14th, Circle issued a total of $1.9 billion USDC and redeemed $1.8 billion USDC within 7 days, increasing the circulation by $100 million. The total circulation of USDC is $24.4 billion, with a reserve of $24.5 billion, of which $2.3 billion is in cash.

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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