USDC circulation increased by about 1 billion in the past 7 days
PANews reported on March 22 that according to official data, in the 7 days ending March 20, Circle issued about 3.6 billion USDC, redeemed about 2.6 billion USDC, and the circulation increased by about 1 billion. The total circulation of USDC is 59.2 billion, and the reserve is about 59.5 billion US dollars, of which about 7.2 billion is in cash, and the Circle Reserve Fund holds about 52.3 billion US dollars.
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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