Data: The circulation of USDC has increased by approximately 700 million in the past 7 days
According to official data, in the seven days leading up to September 26th, Circle issued approximately 2.5 billion USDC and redeemed about 1.8 billion USDC, increasing circulation by 700 million coins. The total circulation of USDC is around 36.2 billion coins with a reserve of approximately $36.5 billion USD, including roughly $4.8 billion in cash and an estimated $31.6 billion held in the Circle Reserve Fund.
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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