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Data: USDC circulation decreased by approximately 1.4 billion tokens in the past 7 days
PANews January 24 News, according to official data, as of January 21, within 7 days, Circle issued approximately 4.8 billion USDC, redeemed about 6.2 billion USDC, and the circulating supply decreased by about 1.4 billion tokens. The total circulating supply of USDC is 74.4 billion tokens, with a reserve of approximately 74.5 billion USD, including about 47.8 billion USD in overnight reverse repurchase agreements; about 16 billion USD in Treasury bonds with maturities less than 3 months; systemically important institution deposits of about 9.9 billion USD; and other bank deposits of about 800 million USD.