**Stablecoin Update: đŸ’”đŸ”„ #USDCIssuance**

In a 7-day period from the 12th to the 19th of this month, Circle issued 1.4 billion USDC and repurchased 1.1 billion USDC, resulting in a net increase of approximately 400 million USDC. The current circulation stands at 25.4 billion USDC, backed by reserves of 25.5 billion USD, according to data from Circle's official website. 📊🔄 #StablecoinMarket