Data: USDC Circulating Supply Increased by Approximately 400 Million in the Past 7 Days

According to ChainCatcher, citing official data, in the seven days leading up to June 26, Circle issued approximately 3.4 billion USDC and redeemed about 3.1 billion USDC, resulting in a net increase of around 400 million USDC in circulation. The total USDC in circulation stands at 61.6 billion, with reserves of about 61.9 billion US dollars, including roughly 8.6 billion dollars in cash and approximately 53.3 billion dollars held in the Circle Reserve Fund.