USDC Circulating Supply decreased by 1.1 billion in 7 days, Circle's reserves reached 64.2 billion USD.

[Chain News] On August 2, according to data from the data platform, in the 7 days up to July 31, Circle issued approximately 5.4 billion USDC and redeemed about 6.4 billion USDC, with a circulating supply decrease of approximately 1.1 billion. The total circulating supply of USDC is 63.9 billion, with reserves of approximately 64.2 billion USD, of which about 8.8 billion is cash, and the Circle Reserve Fund holds approximately 55.4 billion.

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GasFeeWhisperervip
· 21h ago
How is this unfavourable information trend!
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PuzzledScholarvip
· 08-02 05:38
USDC is really not bad.
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Blockblindvip
· 08-02 05:36
When will this circulating supply come to an end?
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SatoshiSherpavip
· 08-02 05:35
Is the reserve ratio greater than the Circulating Supply stable?
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MEVHunterNoLossvip
· 08-02 05:35
The redemption is a bit harsh.
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GweiObservervip
· 08-02 05:32
Whether it is stable or not depends on how much money there is.
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