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

ChainCatcher news, according to official data, as of May 15, in the past 7 days, Circle issued approximately 2.9 billion USDC, redeemed about 3.7 billion USDC, and the circulation decreased by approximately 800 million. The total circulation of USDC is 60.5 billion, with reserves of about 60.7 billion USD, of which cash is about 7.3 billion USD, and the Circle Reserve Fund holds approximately 53.4 billion USD.