Data: The circulation of USDC has decreased by about 900 million in the past 7 days

PANews reported on April 12th, according to official data, within the seven days up to April 10th, Circle issued approximately 3.2 billion USDC and redeemed about 4.1 billion USDC, reducing the circulation by about 900 million. The total circulation of USDC is around 59.8 billion, with reserves of approximately $60 billion USD; this includes roughly $6.7 billion in cash and an estimated $53.3 billion held in the Circle Reserve Fund.