Data: The circulation of USDC has approximately decreased by 200 million in the past 7 days
According to official data, within the 7 days up to November 14th, Circle issued approximately 2.7 billion USDC and redeemed about 2.9 billion USDC, reducing the circulation by around 200 million. The total circulation of USDC is about 36.7 billion, with reserves estimated at around $36.9 billion, including approximately $4.4 billion in cash and roughly $32.4 billion held in 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
Nansen: Base transaction volume exceeded 100 million in the past week, BNB Chain active addresses reached 11.6 million
Animoca Brands plans to push for a US IPO next year
Aave founder: UK financial promotion regulatory framework hinders stablecoin business development
Trending news
MoreCrypto prices
More
