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Mohajiro
@s8z
Circle issued approximately 3.7 billion USDC and redeemed about 2.7 billion USDC over the past week, increasing its circulating supply by 1 billion. The total USDC supply stands at 45.3 billion, backed by reserves of around 45.5 billion USD, including 5.2 billion in cash and 40.3 billion held by the Circle Reserve Fund.
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