Circle USDC Circulation Dropped by $900 Million in the Past Week

From December 15th to December 22nd, Circle issued a total of 4.6 billion USDC, redeemed 5.6 billion USDC, and the circulation decreased by 900 million USD.

As of December 22, the total USDC in circulation was 44.1 billion US dollars, USDC reserve was 44.4 billion US dollars, including $6.4B in cash and $37.9B US in short-duration U.S. Treasuries.

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USDC circulation decreased by $200 million in the past week, with a total circulation of $33.1 billion

According to official data, Circle issued a total of 2.8 billion USDC and redeemed approximately 3 billion USDC in the past 7 days, resulting in a decrease in circulation of approximately 200 million USDC. The total circulation of USDC is 33.1 billion US dollars, with a reserve of 33.2 billion US dollars, including approximately 3.4 billion US dollars in cash, and Circle Reserve Fund holding approximately 29.8 billion US dollars.

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Circle USDC Circulation Dropped by $900 Million in the Past Week

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