According to data from the Circle official website, Circle issued 1.6 billion USDC and redeemed 1.6 billion USDC in the past 7 days, and the circulation did not change. As of November 16th, the total circulation of USDC was 24.1 billion, with a reserve of 24.2 billion US dollars, including 1.8 billion US dollars in cash, and the Circle Reserve Fund held 22.4 billion US dollars.
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Circle issued a total of 1.6 billion USDC in the past 7 days
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According to official data, Circle issued a total of 2.8 billion USDC and redeemed approximately 3 billion USDC in the past 7 days, resulting in a decrease in circulation of approximately 200 million USDC. The total circulation of USDC is 33.1 billion US dollars, with a reserve of 33.2 billion US dollars, including approximately 3.4 billion US dollars in cash, and Circle Reserve Fund holding approximately 29.8 billion US dollars.
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