Data: The circulation of the stablecoin USDC decreased by 500 million dollars in the past week

ChainCatcher news, according to official data, from April 20 to April 27, Circle issued a total of 700 million USDC and redeemed 1.1 billion USDC, resulting in a decrease of approximately 500 million in circulation.

As of April 27, the total circulation of USDC was 30.5 billion dollars, with reserves amounting to 30.7 billion dollars, including 5.2 billion dollars in cash and 25.5 billion dollars in short-term U.S. Treasury bonds. (source link)