USDC circulation decreased by about $200 million in the past week, and the total circulation dropped to $33.6 billion
As of July 18th, Circle has issued about 2.1 billion USDC and redeemed about 2.3 billion USDC in the past 7 days, resulting in a decrease in circulation of about 200 million USDC. The total circulation of USDC is 33.6 billion US dollars, with a reserve of 33.8 billion US dollars, including about 4.1 billion US dollars in cash and Circle Reserve Fund holding about 29.7 billion US dollars.
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
ether.fi and dappOS reach a cooperation to provide intention asset income
AggLayer will connect all Web3, including L1s like Ether and Solana: Polygon Labs CEO
Foreign media: Musk faces threats, record marketers cut advertising spending on X platform
Jupiter Alliance: Proposes to use the unclaimed 230 million JUP to extend and fund the ASR
