Data: The circulation of USDC has increased by approximately 2.6 billion in the past 7 days

According to official data, in the 7 days ending February 12, Circle issued approximately 8.4 billion USDC, redeemed about 5.8 billion USDC, and the circulation increased by approximately 2.6 billion.

The total circulation of USDC is 73.1 billion, with reserves of about 73.4 billion USD, including overnight reverse repos of about 42.9 billion USD; Treasury bills with maturities of less than 3 months of about 19.8 billion USD; deposits from systemically important institutions of about 10.1 billion USD; and other bank deposits of about 600 million USD.