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Data: USDC circulation decreased by approximately 1.4 billion tokens in the past 7 days
Mars Finance reports that, according to official data, within the 7 days ending January 21, Circle issued approximately 4.8 billion USDC and redeemed about 6.2 billion USDC, resulting in a circulation decrease of approximately 1.4 billion tokens. The total circulation of USDC is 74.4 billion tokens, with a reserve of about 74.5 billion USD, including approximately 47.8 billion USD in overnight reverse repurchase agreements; about 16 billion USD in Treasury bonds with maturities less than 3 months; systemically important institution deposits of approximately 9.9 billion USD; and other bank deposits of about 800 million USD.