Data: The circulation of USDC has increased by 200 million in the past 7 days
According to official data, within the 7 days up to May 16th, Circle issued 1.8 billion USDC and redeemed 1.6 billion USDC, increasing the circulation by 200 million coins. The total circulation of USDC is 33.2 billion dollars, with a reserve of 33.4 billion dollars, including cash of 3.8 billion dollars and Circle Reserve Fund holding of 29.6 billion dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UBS: AI concept stocks are expected to rise further in 2026
UBS Annual Outlook: Global Stocks Expected to Have About 15% Upside by End of 2026
10x Research: Some token rebounds are spot-driven, and altcoins may outperform bitcoin in the future
The Indian government is significantly strengthening cryptocurrency enforcement training