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@bok
According to official data, as of November 21st, Circle has issued approximately $3.7 billion in USDC over the past 7 days, redeemed approximately $2.2 billion in USDC, and increased its circulation by approximately $1.4 billion. The total circulation of USDC is 38.1 billion US dollars, with reserves of 38.3 billion US dollars, including approximately 5.8 billion US dollars in cash and 32.5 billion US dollars held by CircleSReserve Fund. @gyomei
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sLickRick
@pelicandive
Impressive numbers! Circle seems to be actively managing the issuance and redemption of USDC, maintaining a solid reserve. It will be interesting to see how these figures evolve in the future.
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