Data: In the past week, the circulation of USDC has increased by approximately 1.6 billion USD, raising the total circulation to 34.5 billion USD
According to official data, as of August 8th, Circle has issued approximately $3.9 billion USDC and redeemed about $2.3 billion USDC in the past seven days, increasing circulation by around $1.6 billion. The total circulation of USDC is $34.5 billion, with reserves amounting to $34.6 billion, including roughly $4.5 billion in cash and approximately $30.1 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
Tether considers investing $1.2 billion in German robotics company Neura Robotics
Founders Fund reduces its Bitmine holdings by half, currently holding approximately 2.547 million shares.
Trending news
MoreCrypto prices
More
