Foresight News reports that in the 7 days ending on October 24, Circle issued approximately 1.7 billion USDC and redeemed approximately 2 billion USDC, resulting in a decrease of 300 million in circulation. The total circulation of USDC is 34.4 billion, with reserves of approximately 34.6 billion USD, including about 4.1 billion in cash, and the Circle Reserve Fund holds approximately 30.5 billion USD.
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Data: USDC circulation decreased by approximately 300 million in the past 7 days
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