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USDC circulation increased by $300 million in the past week, reaching a total of $33.3 billion

USDC circulation increased by $300 million in the past week, reaching a total of $33.3 billion

Cointime2024/04/27 09:07
By: Cointime
RSR-3.69%USDC+0.03%

According to official data reported , as of April 25th, Circle has issued a total of 3.8 billion USDC and redeemed approximately 3.5 billion USDC in the past 7 days, with an increase in circulation of approximately 300 million US dollars. The total circulation of USDC is 33.3 billion US dollars, with a reserve of 33.5 billion US dollars, of which approximately 3.4 billion US dollars are in cash, and the Circle Reserve Fund holds approximately 30.1 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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