Data: The circulation of USDC has approximately decreased by 600 million in the past 7 days

Golden Finance reports, according to official data, within the 7 days up to February 27th, Circle issued approximately 3.7 billion USDC and redeemed about 4.3 billion USDC, reducing the circulation by about 600 million coins. The total circulation of USDC is around 55.5 billion coins with a reserve of approximately $55.7 billion USD, including roughly $5.9 billion in cash and an estimated $49.8 billion held in the Circle Reserve Fund.