USDC liquidity increased by $100 million over the past week, with total liquidity at $32.6 billion
As of June 20, Circle issued $2 billion in USDC and redeemed $1.9 billion in USDC over the past seven days, increasing liquidity by $100 million, according to official data.Total USDC liquidity was $32.6 billion, with $32.7 billion in reserves, of which approximately $3.7 billion was in cash and approximately $29.1 billion was 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.
You may also like
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority