USDC total circulation reaches $32.6 billion, and reserves are $32.8 billion

According to official data, as of June 27, Circle has issued $3 billion USDC and redeemed $3 billion USDC in the past 7 days, and there is no significant change in circulation.

The total circulation of USDC is $32.6 billion, and the reserves are $32.8 billion, of which about $4 billion is in cash, and the Circle Reserve Fund holds about $28.8 billion.