USDC circulation decreased by approximately 1.1 billion in the past 7 days

PANews, June 27 news, according to official data, in the 7 days up to June 25, Circle issued about 6 billion USDC, redeemed about 7.1 billion USDC, and the circulating supply decreased by about 1.1 billion tokens. USDC's total circulating supply is 73.6 billion tokens, with reserves of approximately $73.9 billion, including about $52.2 billion in overnight reverse repurchase agreements on government bonds; about $10 billion in Treasury securities with maturities less than 3 months; about $11 billion in deposits at systemically important institutions; and about $0.7 billion in other bank deposits.

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Author: PA一线

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