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The circulating supply of USDC increased by 400 million in the past week

The circulating supply of USDC increased by 400 million in the past week

2024/01/21 02:25

According to official data, as of January 18th, Circle issued 2.2 billion USDC and redeemed 1.8 billion USDC in the past seven days, resulting in a circulation increase of 400 million tokens. The total circulating supply of USDC is $25.6 billion, with reserves amounting to $25.7 billion, including $3 billion in cash held by the Circle Reserve Fund and $22.7 billion held by other means.

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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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