Data: USDC circulation decreased by $600 million in the past week, with total circulation at $32.7 billion
ChainCatcher news, according to official data, as of May 23, Circle has issued a total of US$2.6 billion USDC and redeemed US$3.2 billion USDC in the past seven days, resulting in a reduction of US$600 million in circulation.
It is reported that the total circulation of USDC is US$32.7 billion, and its reserves are US$32.8 billion, of which approximately US$3.2 billion is cash and approximately US$29.6 billion is 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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