In the past 7 days, the USDC circulation has decreased by approximately 1.4 billion tokens.
As of January 24, according to official data, within the 7 days ending January 21, Circle issued about 4.8 billion USDC and redeemed about 6.2 billion USDC, resulting in a circulation decrease of approximately 1.4 billion tokens. The total USDC circulation is 74.4 billion tokens, with reserves of about 74.5 billion USD, including approximately 47.8 billion USD in overnight reverse repurchase agreements; about 16 billion USD in Treasury bonds with maturities less than 3 months; systemically important institution deposits of approximately 9.9 billion USD; and other bank deposits of about 800 million USD. #GateDEX
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In the past 7 days, the USDC circulation has decreased by approximately 1.4 billion tokens.
As of January 24, according to official data, within the 7 days ending January 21, Circle issued about 4.8 billion USDC and redeemed about 6.2 billion USDC, resulting in a circulation decrease of approximately 1.4 billion tokens. The total USDC circulation is 74.4 billion tokens, with reserves of about 74.5 billion USD, including approximately 47.8 billion USD in overnight reverse repurchase agreements; about 16 billion USD in Treasury bonds with maturities less than 3 months; systemically important institution deposits of approximately 9.9 billion USD; and other bank deposits of about 800 million USD. #GateDEX