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Circle issues 3.7 billion USDC, increasing circulation by 1.4 billion
According to PANews, in the 7 days ending November 21, Circle issued approximately 3.7 billion USDC, redeemed approximately 2.2 billion USDC, and the circulation supply increased by approximately 1.4 billion.
The total circulation of USDC is 38.1 billion, and the reserve is approximately US$38.3 billion, of which approximately US$5.8 billion is in cash and the Circle Reserve Fund holds approximately US$32.5 billion.
The total circulation of USDC is 38.1 billion, and the reserve is approximately US$38.3 billion, of which approximately US$5.8 billion is in cash and the Circle Reserve Fund holds approximately US$32.5 billion.
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