USDC circulation increased by US$300 million in the past week
As of December 21, Circle issued a total of 1.8 billion USDC and redeemed 1.5 billion USDC in seven days, increasing the circulation by 300 million US dollars. The total circulation of USDC is 24.7 billion US dollars, with a reserve of 24.8 billion US dollars, including 2.5 billion US dollars in cash, and Circle Reserve Fund holds 22.3 billion US dollars.
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.
You may also like
BItcoin Could Surpass $150,000 This Cycle, According to VanEck CEO
Bitcoin Price Drop Could Benefit the Market, Expert Says
Analyst Forecasts Bitcoin to Break $110K as Market Cycle Heats Up
Vancouver Plans to Add Bitcoin to City Reserves, Joining Global Momentum