According to data from Circle's official website, from August 24th to August 31st, Circle issued approximately 1.1 billion USDC and redeemed approximately 800 million USDC, increasing the circulation by approximately 300 million USDC. As of August 31st, the circulation of USDC was 26.1 billion and the reserve funds were 26.3 billion US dollars.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
USDC Circulation Rebounds to 26.1 Billion Coins
-
Wechat scan to share
Recommended for you
-
In the past 24 hours, the entire network has liquidated $405 million, mainly short positions
data shows that a total of $405 million was liquidated in the past 24 hours, with long positions liquidated at $79.9603 million and short positions liquidated at $325 million. -
BlackRock deposits 44,774 ETH and 900 BTC into Coinbase Prime
according to Arkham monitoring data, about 1 hour ago, BlackRock deposited 44,774 ETH (USD 195.29 million) and 900 BTC (USD 101.67 million) into Coinbase Prime. -
BNB breaks through $880
market showed that BNB broke through $880, now reported at $880.08, with a 24-hour increase of 1.07%. The market is fluctuating significantly, please be cautious and manage risks. -
After the release of the non-farm payroll data, spot gold rose by nearly $20 in the short term and is now at $3,571 per ounce.
release of non-farm data, spot gold rose nearly $20 in the short term, now trading at $3571 per ounce. -
Pump.fun has spent over $62.6 million to repurchase its native token PUMP
according to Dune Analytics data, Pump.fun has spent over $62.6 million to buy back its native token PUMP. The buyback has absorbed over 16.5 billion tokens, with an average buyback price of $0.003785, aiming to stabilize the price trend and reduce selling pressure. -
Data: 102,000 Bitcoin contracts will expire on Deribit at 4:00 PM this Friday
according to unfolded data, at 16:00 this Friday, Deribit platform will have 102,000 Bitcoin contracts expiring, with a nominal value of 11.34 billion US dollars. -
CoinShares: Total outflows from digital asset investment products reached $1.43 billion last week
latest report from CoinShares shows that last week saw a significant outflow of funds from digital asset investment products for the first time in weeks, totaling $1.43 billion, the highest level since March. Last week, trading volume for Exchange-Traded Products (ETPs) reached $38 billion, about 50% higher than the average for this year. At the beginning of this week, a pessimistic sentiment surrounding the Federal Reserve led to a $2 billion outflow of funds. However, market sentiment shifted after Jerome Powell's speech at the Jackson Hole symposium, which was widely interpreted as more dovish than expected, leading to an inflow of $594 million. -
BTC breaks through $118,000
market shows BTC breaking through $118,000, now reporting $118,022.35, with a 24-hour increase of 0.14%. The market fluctuates greatly, so please be prepared for risk control. -
The market value of Bitmine's Ethereum holdings exceeds $5 billion
according to Strategicethreserve data, the Ethereum holdings of the US-listed company Bitmine have reached about 1.2 million coins, with a market value exceeding 5 billion US dollars. At the time of writing this article, it reached 5.12 billion US dollars, ranking first in the Ethereum treasury company rankings. Currently, Sharplink Gaming holds about 728,800 ETH, worth about 3.25 billion US dollars, ranking second, and The Ether Machine holds about 345,400 ETH, worth 1.54 billion US dollars, ranking third. -
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.
Daily Must-Read
-
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
-
Trump family went pro-crypto after Biden ‘weaponized banks’ — WSJ
-
New York lawmaker wants to tax crypto sales and transfers
-
Trump to order probe of crypto and political debanking claims: WSJ
-
Bros who tricked MEV bots with their own medicine must face trial, says judge
-
Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
All Comments