The circulation of USDC increased by about 900 million dollars in the past week, with a total circulation exceeding 40 billion dollars
According to official data, as of December 5th, Circle has issued approximately $3.9 billion USDC and redeemed about $3 billion USDC in the past seven days, increasing circulation by about $900 million.
The total circulation of USDC is $40.2 billion, with reserves amounting to $40.6 billion, including approximately $5.7 billion in cash and around $35 billion 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.
You may also like
Data: Several tokens experience a surge followed by a pullback, SYN and ALLO rise over 5%
Agentic FoF hacked due to security vulnerability, approximately $531,000 in funds leaked