Data: USDC circulating supply increased by approximately 400 million in the past 7 days
ChainCatcher news, according to official data, in the 7 days ending May 21, Circle issued about 8.1 billion USDC and redeemed about 7.7 billion USDC, resulting in an increase of approximately 400 million in circulation. The total USDC in circulation is 76.9 billion, with reserves of approximately 77.1 billion US dollars. Among these, about 45.7 billion US dollars are in overnight reverse repurchase agreements for US Treasury bonds; around 18.6 billion US dollars are in Treasury bonds with maturities of less than three months; deposits at systemically important institutions amount to about 12.2 billion US dollars; and other bank deposits are around 600 million US dollars.
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