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TechFlow reported, according to official data, as of October 24, Circle issued approximately 1.7 billion USDC and redeemed approximately 2 billion USDC over the past seven days, resulting in a decrease of about 300 million USDC in circulation.
The current total circulating supply of USDC is 34.4 billion, with reserves amounting to 34.6 billion, including approximately 4.1 billion in cash and approximately 30.5 billion held by the Circle Reserve Fund.
According to official data, as of October 24, Circle issued approximately 1.7 billion USDC and redeemed approximately 2 billion USDC over the past seven days, resulting in a circulation decrease of about 300 million. The current total circulating supply of USDC is 34.4 billion, with reserves totaling 34.6 billion, including approximately 4.1 billion in cash and approximately 30.5 billion held by the Circle Reserve Fund.
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