According to Deep Tide TechFlow news, on May 24, as per official data, within the 7 days ending on May 22, Circle issued approximately 4.3 billion USDC and redeemed about 3.5 billion USDC, with the circulating supply increasing by about 800 million. The total circulating supply of USDC is 61.3 billion, with a reserve amount of approximately 61.5 billion USD, of which cash is about 8.1 billion USD, and Circle Reserve Fund holds about 53.5 billion USD.
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According to Deep Tide TechFlow news, on May 24, as per official data, within the 7 days ending on May 22, Circle issued approximately 4.3 billion USDC and redeemed about 3.5 billion USDC, with the circulating supply increasing by about 800 million. The total circulating supply of USDC is 61.3 billion, with a reserve amount of approximately 61.5 billion USD, of which cash is about 8.1 billion USD, and Circle Reserve Fund holds about 53.5 billion USD.