Data: The circulation of USDC has increased by about 1.1 billion in the past 7 days
PANews reported on March 15th, according to official data, within the seven days up to March 13th, Circle issued approximately 3.7 billion USDC and redeemed about 2.6 billion USDC, increasing the circulation by around 1.1 billion coins. The total circulation of USDC is about 58.3 billion coins with a reserve of approximately $58.5 billion USD; this includes roughly $7.4 billion in cash and an estimated $51.1 billion held in 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
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.

Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey
The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.

Tom Lee Says a VIX Signal Points to a Stock Market Bottom
