PANews reported on August 30th that according to official data, Circle issued approximately 8.4 billion USDC and redeemed approximately 4.9 billion USDC in the seven days ending August 28th, increasing the circulating supply by approximately 3.5 billion USDC. The total circulating supply of USDC is now 70.5 billion, with approximately $70.6 billion in reserves, including approximately $10.4 billion in cash and $60.2 billion held in the Circle Reserve Fund.PANews reported on August 30th that according to official data, Circle issued approximately 8.4 billion USDC and redeemed approximately 4.9 billion USDC in the seven days ending August 28th, increasing the circulating supply by approximately 3.5 billion USDC. The total circulating supply of USDC is now 70.5 billion, with approximately $70.6 billion in reserves, including approximately $10.4 billion in cash and $60.2 billion held in the Circle Reserve Fund.
Data: USDC circulation increased by approximately 3.5 billion in the past 7 days
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PANews reported on August 30th that according to official data, Circle issued approximately 8.4 billion USDC and redeemed approximately 4.9 billion USDC in the seven days ending August 28th, increasing the circulating supply by approximately 3.5 billion USDC. The total circulating supply of USDC is now 70.5 billion, with approximately $70.6 billion in reserves, including approximately $10.4 billion in cash and $60.2 billion held in the Circle Reserve Fund.
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