PANews August 8 news, according to official data, in the seven days ending August 6, Circle issued approximately 6.3 billion USDC and redeemed approximately 6.4 billion USDC, with circulating supply decreasing by about 100 million coins. Total USDC in circulation stands at 71.8 billion coins, with reserves of approximately 72 billion dollars, including about 51.8 billion dollars in overnight reverse repurchase agreements with U.S. Treasury securities; approximately 9 billion dollars in U.S. Treasury securities with maturities under 3 months; approximately 10 billion dollars in deposits at systemically important institutions; and approximately 1.2 billion dollars in deposits at other banks.
USDC Circulation Decreased by Approximately 100 Million in the Past 7 DaysUSDC Circulation Decreased by Approximately 100 Million in the Past 7 Days
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