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USDC circulation decreased by 100 million in the past 7 days

CointimeCointime2024/06/15 09:46
By:Cointime

On June 15th, according to official data, within the 7 days ending on June 13th, Circle issued 2.3 billion USDC and redeemed 2.4 billion USDC, resulting in a decrease of 100 million in circulation. The total circulation of USDC is 32.5 billion US dollars, with a reserve of 32.6 billion US dollars, including 3.6 billion US dollars in cash, and the Circle Reserve Fund holds 29 billion US dollars.

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