Data: The circulation of USDC has increased by approximately 1.1 billion over the past 7 days

ChainCatcher news, according to official data, as of March 13, in the past 7 days, Circle issued approximately 3.7 billion USDC, redeemed about 2.6 billion USDC, and the circulation increased by approximately 1.1 billion.

The total circulation of USDC is 58.3 billion, with reserves of about 58.5 billion USD, of which cash is approximately 7.4 billion USD, and the Circle Reserve Fund holds about 51.1 billion USD.