Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow reported, according to official data, within the 7 days ending October 31, Circle issued approximately 2.4 billion USDC, redeemed approximately 2 billion USDC, resulting in a net increase of about 300 million USDC in circulation.
The total circulating supply of USDC is 34.7 billion, with reserves totaling approximately $34.9 billion, including around $4.3 billion in cash and approximately $30.6 billion held in the Circle Reserve Fund.
According to official data, in the 7-day period ending October 31, Circle issued approximately $2.4 billion worth of USDC, redeemed approximately $2.0 billion, and the circulating supply increased by about $300 million. The total circulating supply of USDC stands at 34.7 billion, with reserves totaling approximately $34.9 billion, including around $4.3 billion in cash and approximately $30.6 billion held in the Circle Reserve Fund.
Navigating Web3 tides with focused insights
