Data: The circulation of USDC has approximately increased by 1 billion in the past 7 days
According to official data, within the 7 days up to July 11th, Circle issued approximately 3.6 billion USDC and redeemed about 2.6 billion USDC, increasing the circulation by around 1 billion. The total circulation of USDC is $33.9 billion, with reserves of about $34 billion, including $4.3 billion in cash and $29.6 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.
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