Data: The circulation of Circle USDC decreased by 400 million dollars in the past week

ChainCatcher news, according to official data, in the past 7 days Circle issued 1 billion USD in USDC and redeemed 1.4 billion USD in USDC, resulting in a decrease of 400 million USD in circulation.

As of July 27, the total circulation of USDC is 26.6 billion USD, with reserves amounting to 26.7 billion USD, including 2.3 billion USD in cash, and the Circle Reserve Fund holds 24.4 billion USD.