PANews January 1 News, according to official data, within the 7 days ending December 29, Circle issued approximately 4.6 billion USDC and redeemed about 5.7 billion USDC, resulting in a circulation decrease of approximately 1.1 billion tokens. The total circulation of USDC is 75.9 billion tokens, with a reserve of approximately 76.3 billion USD, including overnight reverse repurchase agreements of about 51 billion USD; Treasury bonds with maturities of less than 3 months totaling about 14.6 billion USD; systemically important institution deposits of about 10 billion USD; and other bank deposits of about 800 million USD.
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Data: USDC circulation decreased by approximately 1.1 billion tokens in the past 7 days
PANews January 1 News, according to official data, within the 7 days ending December 29, Circle issued approximately 4.6 billion USDC and redeemed about 5.7 billion USDC, resulting in a circulation decrease of approximately 1.1 billion tokens. The total circulation of USDC is 75.9 billion tokens, with a reserve of approximately 76.3 billion USD, including overnight reverse repurchase agreements of about 51 billion USD; Treasury bonds with maturities of less than 3 months totaling about 14.6 billion USD; systemically important institution deposits of about 10 billion USD; and other bank deposits of about 800 million USD.