Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
USDC circulation increased by approximately 600 million in the past 7 days

USDC circulation increased by approximately 600 million in the past 7 days

CointimeCointime2025/10/25 11:21
By:Cointime

according to official data, in the 7 days ending on October 23, Circle issued approximately 6.2 billion USDC, redeemed approximately 5.6 billion USDC, and the circulation increased by approximately 600 million tokens. The total circulation of USDC is 76.4 billion tokens, with a reserve of approximately 76.7 billion US dollars, including approximately 9.9 billion US dollars in cash, and the Circle Reserve Fund holds approximately 66.7 billion US dollars.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Concerns Over Liquidity Trigger Crypto ETF Outflows, Experts Identify a Chance to Purchase Bitcoin

- U.S. Bitcoin ETFs saw $492M net outflow on Nov 14, with BlackRock's IBIT leading a $4.63B selloff, marking its largest single-day withdrawal. - Fidelity's FBTC, WisdomTree's BTCW, and Grayscale's GBTC all reported significant redemptions, intensifying crypto liquidity fears amid 10-30% price declines. - Analysts link outflows to inflation concerns, global debt risks, and post-shutdown market uncertainty, while Ethereum ETFs lost $689M (4% of AuM) last week. - Despite 27% ETP AUM declines and whale sellin

Bitget-RWA2025/11/18 23:56
Bitcoin News Today: Concerns Over Liquidity Trigger Crypto ETF Outflows, Experts Identify a Chance to Purchase Bitcoin

Trump’s Federal Reserve Chair Bet: Weighing Political Pressure Against Economic Trustworthiness

- Trump announced selecting a Fed chair candidate but withheld the name, criticizing Powell's cautious rate-cutting approach amid economic slowdown. - Contenders include Waller, Bowman, and Rieder, with Bessent leading the search to balance political strategy and economic priorities. - Legal hurdles delay Powell's replacement until 2026, while Miran's potential FOMC role aligns with Trump's push for aggressive rate cuts. - Lisa Cook faces mortgage fraud allegations, and Rieder's non-academic background cha

Bitget-RWA2025/11/18 23:56
Trump’s Federal Reserve Chair Bet: Weighing Political Pressure Against Economic Trustworthiness

Bitcoin Updates: Michael Saylor Continues to Acquire BTC Despite Market Slump, Holdings Remain Robust

- Michael Saylor's MSTR added 8,178 BTC ($835.6M) in November, boosting total holdings to 649,870 BTC valued at $48.37B despite Bitcoin's 7-month low below $95,000. - Strategy's BTC purchases remain profitable with average cost ($74,433) far below current $90K+ price, while unrealized gains persist through market downturns. - Saylor defends Bitcoin as "exponential treasury asset," rejecting sell rumors and hinting at "surprising" activity despite MSTR's 35% YTD stock decline and below-1 market-to-NAV ratio

Bitget-RWA2025/11/18 23:40
Bitcoin Updates: Michael Saylor Continues to Acquire BTC Despite Market Slump, Holdings Remain Robust

Panic or Opportunity? As Legal Challenges and Economic Uncertainty Converge, Crypto and Stock Markets Waver

- Crypto markets hit "extreme fear" as Bitcoin's $100k failure sparks broad sell-off, compounding equity turmoil from lawsuits and leadership crises at Primo Brands and WPP . - Primo Brands drops 9% after CEO forced out over integration failures, now faces securities class action; WPP plunges 18% amid fraud allegations and CEO transition. - Fortinet's 22% stock crash follows delayed firewall upgrade disclosure, triggering legal scrutiny; Whirlpool reports strong earnings but remains down 38.7% year-to-date

Bitget-RWA2025/11/18 23:40