TechFlow reports, according to official data, within the seven days ending March 6, Circle issued approximately $4.1 billion in USDC and redeemed approximately $2.4 billion in USDC, resulting in a net increase of about 1.7 billion tokens in circulation. The total circulating supply of USDC reached 57.2 billion tokens, with reserves totaling approximately $57.4 billion, including around $7 billion in cash and approximately $50.4 billion held in the Circle Reserve Fund.
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