USDC circulation increased by approximately 600 million in the past 7 days
according to official data, in the 7 days ending on October 23, Circle issued approximately 6.2 billion USDC, redeemed approximately 5.6 billion USDC, and the circulation increased by approximately 600 million tokens. The total circulation of USDC is 76.4 billion tokens, with a reserve of approximately 76.7 billion US dollars, including approximately 9.9 billion US dollars in cash, and the Circle Reserve Fund holds approximately 66.7 billion US dollars.
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
Why is the Ethereum Price Up Today? Is It the End of a Bear Trap or Just a Dead-Cat Bounce?

21Shares Files Amendment for First U.S. Spot XRP ETF, 20-Day Countdown Begins

Changpeng Zhao Pardon: ‘I Met Eric Trump Once, That’s It,’ Says CZ
Bitcoin’s $100,000 level turns from milestone to market stress point

