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USDC circulation decreased by 100 million coins in the past 7 days

USDC circulation decreased by 100 million coins in the past 7 days

Bitget2024/05/12 06:26

PANews reported on May 12 that according to official data, in the seven days as of May 9, Circle issued 2 billion USDC and redeemed 2 billion USDC, reducing the circulation by 100 million coins. The total circulation of USDC is US$33 billion, with reserves of US$33.1 billion, including US$3.3 billion in cash and US$29.8 billion held by the Circle Reserve Fund.

2

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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