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.
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