USDC circulation increased by US$900 million in the past week, with total circulation reaching US$33 billion
Golden Finance reported that according to official data, as of April 18, Circle had issued a total of US$4.6 billion in USDC and redeemed approximately US$3.8 billion in USDC in the past seven days, increasing the circulation by approximately US$900 million. USDC has a total circulating supply of $33 billion and reserves of $33.1 billion, of which approximately $3.8 billion is in cash and approximately $29.3 billion is 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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