USDC Circulating Supply Increased by Approximately 300 Million in the Past 7 Days

According to official data reported by Jinse Finance, in the seven days ending June 19, Circle issued approximately 3.6 billion USDC and redeemed about 3.3 billion USDC, resulting in a net increase of around 300 million USDC in circulation. The total USDC in circulation stands at 61.2 billion, with reserves of about $61.6 billion, including roughly $8.4 billion in cash and approximately $53.3 billion held in the Circle Reserve Fund.