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Data: In the past week, the circulation of USDC has increased by approximately 1.6 billion USD, raising the total circulation to 34.5 billion USD

Data: In the past week, the circulation of USDC has increased by approximately 1.6 billion USD, raising the total circulation to 34.5 billion USD

Bitget2024/08/10 01:16

According to official data, as of August 8th, Circle has issued approximately $3.9 billion USDC and redeemed about $2.3 billion USDC in the past seven days, increasing circulation by around $1.6 billion. The total circulation of USDC is $34.5 billion, with reserves amounting to $34.6 billion, including roughly $4.5 billion in cash and approximately $30.1 billion held by the Circle Reserve Fund.

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