USDC circulation increased by $300 million in the past week
According to official data, as of January 25th, Circle issued 2.1 billion USDC and redeemed 1.8 billion USDC in the past 7 days, increasing the circulating supply by 300 million USDC. The total circulating supply of USDC is 25.9 billion USDC, with a reserve of 26 billion USDC, including 3.3 billion USDC in cash and 22.7 billion USDC held by the Circle Reserve Fund.
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.
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