PANews reported on August 2nd that according to official data, Circle issued approximately 5.4 billion USDC and redeemed approximately 6.4 billion USDC in the seven days ending July 31st, reducing the circulating supply by approximately 1.1 billion USDC. The total circulating supply of USDC is 63.9 billion, with reserves of approximately $64.2 billion, including approximately $8.8 billion in cash and approximately $55.4 billion held in the Circle Reserve Fund.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.