Data: USDC circulation increased by 900 million tokens over the past 7 days

TechFlow News, according to official data, within the seven days ending February 8, Circle issued 2 billion USDC and redeemed 1.1 billion USDC, resulting in a net increase of 900 million USDC in circulation. The total circulating supply of USDC reached $27.6 billion, with reserves totaling $27.7 billion, including $3.3 billion in cash and $24.5 billion held in the Circle Reserve Fund.