Data: In the past 7 days

977Iti · Post time 13-12-2023 10:35:10

Data: In the past 7 days, the circulation of USDC has decreased by 100 million tokens, and the circulation of EURC has decreased by 300,000 tokens.

Golden Finance reports that, according to data from the Circle official website, Circle has issued a total of 1.4 billion USDC in the past 7 days and redeemed 1.5 billion USDC, resulting in a decrease in circulation by 100 million. As of December 7th, the total circulation of USDC is 24.3 billion, with a reserve of 24.4 billion US dollars, including 1.7 billion in cash, and the Circle Reserve Fund holds 22.7 billion US dollars.

Kamal531 · Post time 13-12-2023 10:45:56

If the circulation has indeed decreased, the price is likely to continue to rise.

Ritu13 · Post time 13-12-2023 12:47:58

The reduction in quantity is a bit distressing.

Yamini003 · Post time 13-12-2023 12:57:43

The reduction is indeed quite substantial.