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USDC circulation decreased by 800 million in the past 7 days

USDC circulation decreased by 800 million in the past 7 days

CointimeCointime2024/04/13 07:31
By:Cointime

Circle issued 2.4 billion USDC and redeemed 3.2 billion USDC within the past 7 days, resulting in a decrease of 800 million in circulation. The total circulation of USDC is 32.1 billion US dollars, with reserves of 32.2 billion US dollars, of which 3.3 billion US dollars are in cash and the Circle Reserve Fund holds 28.9 billion US dollars.

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