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More info: https://www.gate.com/announcements/article/45185
Data: The circulating supply of USDC increased by approximately 800 million coins in the past 7 days.
PANews reported on May 24 that according to official data, in the seven days ending May 22, Circle issued about 4.3 billion USDC, redeemed about 3.5 billion USDC, and increased the circulation by about 800 million. The total circulating supply of USDC is 61.3 billion, and the reserve is about $61.5 billion, of which about $8.1 billion is cash, and the Circle Reserve Fund holds about $53.5 billion.