TechFlow reports, according to official data, within the seven days ending January 9, Circle issued approximately $3.7 billion in USDC and redeemed approximately $2.7 billion in USDC, resulting in a net increase of about 1 billion USDC in circulation.
The total circulating supply of USDC is 45.3 billion tokens, with reserves totaling approximately $45.5 billion, including around $5.2 billion in cash and approximately $40.3 billion held in the Circle Reserve Fund.
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