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 / support@techflowpost.com ICP License: 琼ICP备2022009338号
TechFlow news, May 31 — According to official data, in the 7 days ending May 29, Circle issued approximately 3 billion USDC and redeemed approximately 3.2 billion USDC, resulting in a net decrease of about 200 million tokens in circulation. The total circulating supply of USDC stands at 61 billion, with reserves totaling approximately $61.3 billion, including around $8 billion in cash and approximately $53.3 billion held in the Circle Reserve Fund.
According to official data, in the 7 days截至 May 29, Circle issued approximately 3 billion USDC and redeemed approximately 3.2 billion USDC, resulting in a net decrease of about 200 million USDC in circulation. The total circulating supply of USDC is 61 billion, with reserves totaling approximately $61.3 billion, including around $8 billion in cash and approximately $53.3 billion held by the Circle Reserve Fund.
Navigating Web3 tides with focused insights
