Data: As of October 12, the total circulation of USDC has decreased to 25 billion USD

ChainCatcher news, according to official data, as of October 12, Circle has issued approximately 900 million USDC in the past 7 days, redeemed about 1.1 billion USDC, and the circulation has decreased by approximately 100 million.

It is reported that the total circulation of USDC is 25 billion, with reserves amounting to 25.1 billion, including 1.3 billion in cash, and the Circle Reserve Fund holds 23.8 billion.