USDC circulation decreased by $1B in the past week, and decreased by $2.2B in 30 days

02/12 04:12

According to official data, as of February 9, 2023, Circle has issued a total of 3.1 billion USDC in the past 7 days, redeemed 4.1 billion USDC, and the circulation has decreased by 1 billion USD. The total circulation of USDC is 41.5 billion US dollars, and the reserve is 41.6 billion US dollars, including 8.8 billion US dollars in cash in the reserve bank and 32.8 billion US dollars in short-term US treasury bonds. In the past 30 days, Circle issued a total of USD 20 billion USDC, redeemed USD 22.2 billion USDC, and the circulation decreased by USD 2.2 billion. Circle issued a total of 175.5 billion USDC in the past 365 days, redeemed 185.9 billion USDC, and the circulation decreased by 10.4 billion USD.
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