Data: The circulation of USDC has approximately decreased by 900 million in the past 7 days
According to official data, within the 7 days leading up to August 1st, Circle issued approximately 2.4 billion USDC and redeemed about 3.3 billion USDC, reducing the circulation by around 900 million. The total circulation of USDC is about 32.9 billion dollars, with reserves estimated at around 33 billion dollars; this includes cash holdings of approximately 3.4 billion dollars and a Circle Reserve Fund holding of roughly 29.6 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.
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