USDC circulation increased by US$600 million in the past week, with total circulation reaching US$32.4 billion
Mars Finance News, according to official data, as of March 28, Circle has issued a total of approximately US$3.5 billion USDC and redeemed US$2.8 billion USDC in the past seven days, increasing the circulation by US$600 million. USDC has a total circulating supply of $32.4 billion and reserves of $32.6 billion, of which approximately $4.2 billion is in cash and approximately $28.4 billion is held in the Circle Reserve Fund.
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.
You may also like
CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month
Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
Trending news
MoreCrypto prices
More
