Circle: USDC circulating supply decreased by $1.04 billion in the past 7 days

TechFlow reports, on August 1, Circle officially announced the latest USDC reserve and circulation data.

As of July 30, approximately 6.18 billion USDC were issued over the past 7 days, with approximately 7.22 billion redeemed, resulting in a net decrease in circulation of approximately 1.04 billion. Currently, the USDC circulating supply is approximately 71.83 billion.

Data shows that total USDC reserve assets amount to approximately $71.93 billion, of which approximately $53.42 billion are U.S. Treasuries with maturities of less than 3 months, and approximately $7.18 billion are overnight U.S. Treasury repurchase agreements.