The circulating supply of USDC increased by 400 million in the past week
According to official data, as of January 18th, Circle issued 2.2 billion USDC and redeemed 1.8 billion USDC in the past seven days, resulting in a circulation increase of 400 million tokens. The total circulating supply of USDC is $25.6 billion, with reserves amounting to $25.7 billion, including $3 billion in cash held by the Circle Reserve Fund and $22.7 billion held by other means.
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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