Data: The circulation of USDC has decreased by approximately 600 million in the past 7 days

ChainCatcher news, according to official data, as of February 27, in the past 7 days, Circle issued approximately 3.7 billion USDC, redeemed about 4.3 billion USDC, and the circulating supply decreased by approximately 600 million. The total circulating supply of USDC is 55.5 billion, with reserves of about 55.7 billion USD, of which approximately 5.9 billion USD is in cash, and the Circle Reserve Fund holds about 49.8 billion USD.