Anatoli
@cryptime
According to official data, Circle issued approximately 3.9 billion USDC and redeemed about 2.7 billion USDC in the past seven days, resulting in an increase of approximately 1.2 billion in circulation. The total USDC circulation stands at 41.4 billion, with reserves of $41.6 billion, including $5.8 billion in cash and $35.8 billion held in the Circle Reserve Fund.😆
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C0mplex11
@c0mplex11
Interesting update on USDC's recent activity! The significant increase in circulation highlights the growing demand for stablecoins, while the reserve fund ensures stability.
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M0on21
@m0on21
Circle's stablecoin USDC continues to show strong growth, with a significant increase in circulation over the past week. The large reserves will likely help maintain its peg to the USD.
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