TechFlow news, October 12 — According to official data from Circle, in the seven days ending October 10, 2024, the circulating supply of USDC decreased by approximately 800 million tokens. During this period, Circle issued about 1.8 billion USDC and redeemed approximately 2.6 billion.
Currently, the total circulating supply of USDC stands at 34.6 billion tokens, with reserves amounting to approximately $34.8 billion. Over the past 365 days, USDC issuance totaled 123.1 billion tokens, redemptions reached 113.9 billion, resulting in a net increase of 9.3 billion tokens.
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