The circulating supply of USDC has increased by 100 million in the past 7 days
According to official data, Circle issued 1.9 billion USDC and redeemed 1.8 billion USDC in the past seven days, resulting in a circulation increase of 100 million USDC. As of December 14th, the total circulation of USDC is $24.4 billion, with reserves amounting to $24.5 billion, including $2.3 billion in cash and $22.3 billion 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.
You may also like
The probability of "OpenSea launching a token this year" rises to 52% on Polymarket
An exchange accidentally leaked details of OpenSea's $150 millions ICO

A certain exchange once posted "Opensea public sale next week," but later deleted it.

Data: Circle newly minted 500 millions USDC