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TechFlow news: On January 25, Circle’s official website showed that, for the week ending January 21 local time, approximately 4.8 billion USDC tokens were issued and approximately 6.2 billion USDC tokens were redeemed, resulting in a net decrease of approximately 1.3 billion tokens in circulation. As of January 21 local time, the circulating supply of USDC stood at approximately $74.4 billion, with reserve assets valued at approximately $74.5 billion.
Circle’s official website data shows that, for the week ending January 21 local time, approximately $4.8 billion worth of USDC was minted and approximately $6.2 billion redeemed, resulting in a net decrease of roughly $1.3 billion in circulating supply. As of January 21 local time, USDC’s circulating supply stood at approximately $74.4 billion, with reserve assets valued at approximately $74.5 billion.
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