Data: The circulation of USDC has increased by 100 million in the past 7 days
According to official data, within the 7 days up to June 20th, Circle issued 2 billion USDC and redeemed 1.9 billion USDC, increasing the circulation by 100 million. The total circulation of USDC is about 32.6 billion dollars, with a reserve of approximately 32.7 billion dollars, including cash reserves of around 3.7 billion dollars and Circle Reserve Fund holding about 29.1 billion 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
Bitcoin: Cryptoquant Predicts that the Peak of the Bull Run Will Occur Outside of the US

Expert Says Fresh XRP Breakout Would Happen This Week. Here’s the Signal
Russia’s Largest Bank Issues Statement on Bitcoin and Ethereum
Invex says unaware of cause behind FIDEAL 20’s 20.45% price drop on unusual trading