PANews reported on August 23rd that according to official data, in the seven days ending August 21st, Circle issued approximately 5.2 billion USDC and redeemed approximately 5.7 billion USDC, reducing the circulating supply by approximately 500 million. The total circulating supply of USDC is 67 billion, with approximately $67.1 billion in reserves, including approximately $8.4 billion in cash and $58.8 billion held in the Circle Reserve Fund.
Data: USDC circulation decreased by approximately 500 million in the past 7 days
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Author: PA一线
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