In the past week, the circulating supply of USDC increased by approximately 200 million tokens
According to Golden Finance, official data shows that in the 7 days leading up to July 18th, Circle issued approximately 2.1 billion USDC and redeemed about 2.3 billion USDC, resulting in a circulation increase of around 200 million tokens. The current total circulation of USDC is $33.6 billion, with reserves totaling about $33.8 billion, including $4.1 billion in cash and Circle Reserve Fund holding $29.7 billion.
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
Data: Multiple tokens experience a surge followed by a pullback, EGLD hits a new weekly low
Analysis: Ethereum has held its support level, Bitcoin is expected to rebound to $100,000
An Ethereum OG address deposited 18,000 $ETH worth $54.78 million to an exchange.