Data: USDC Circulation Increased by Approximately $200 Million in the Past Week, Total Circulation Reaches $35.5 Billion
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September 22, 2024
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According to Mars Finance, official data shows that Circle issued approximately $2.7 billion USDC and redeemed about $2.5 billion USDC in the past seven days, ending September 19th. This resulted in an increase of about $200 million in the circulating supply. The total USDC in circulation stands at $35.5 billion, with reserves totaling $35.7 billion. This includes approximately $4.6 billion in cash and $31.2 billion held by the Circle Reserve Fund.
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