Data: The circulation of USDC has decreased by approximately 800 million in the past 7 days

ChainCatcher news, according to official data from Circle, as of October 10, 2024, the circulation of USDC has decreased by approximately 800 million in the past 7 days. During this period, Circle issued about 1.8 billion USDC while redeeming approximately 2.6 billion.

Currently, the total circulation of USDC is 34.6 billion, with a reserve amount of about 34.8 billion USD. In the past 365 days, the issuance of USDC was 123.1 billion, the redemption amount was 113.9 billion, resulting in a net increase of 9.3 billion.