The Circulation of USDC Increases by 200 Million Within a Week
Publication Time:2024-07-22 12:21:13
According to data from Golden Finance, Circle issued approximately 2.1 billion USDC in a week ending on July 18th, but the redemption volume was slightly larger at 2.3 billion. After these issuance and redemption operations, the actual circulation of USDC increased by about 200 million. Currently, the total circulating amount of USDC is 33.6 billion dollars, while its reserve total is nearly 33.8 billion dollars, with cash accounting for 4.1 billion dollars and the rest mostly held by Circle Reserve Fund, totaling approximately 29.7 billion dollars.
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