USDC Circulation Increased by Approximately $200 Million in the Past Week, Total Circulation Rises to $35.5 Billion
Article is form Jinse
September 22, 2024
This article is translated by ChatGPT Show original
According to Golden Finance, official data shows that Circle issued approximately $2.7 billion USDC and redeemed around $2.5 billion USDC over the past 7 days, ending September 19th. This resulted in an increase in the circulating supply of approximately $200 million.
The total USDC circulating supply is $35.5 billion, with reserves of $35.7 billion. These reserves include approximately $4.6 billion in cash and around $31.2 billion held by the Circle Reserve Fund.
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