Data: The circulation of USDC has approximately decreased by 200 million in the past 7 days
According to official data, within the 7 days up to November 14th, Circle issued approximately 2.7 billion USDC and redeemed about 2.9 billion USDC, reducing the circulation by around 200 million. The total circulation of USDC is about 36.7 billion, with reserves estimated at around $36.9 billion, including approximately $4.4 billion in cash and roughly $32.4 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.
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