As of July 11, Circle has issued a total of about $3.6 billion in USDC and redeemed about $2.6 billion in USDC in the last seven days, adding about $100 million to its issuance.
USDC has a total circulation of $33.9 billion and a reserve of $34 billion. Of this amount, approximately $4.3 billion is cash and approximately $29.6 billion is held by the Circle Reserve Fund.
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As of July 11, Circle has issued a total of about $3.6 billion in USDC and redeemed about $2.6 billion in USDC in the last seven days, adding about $100 million to its issuance.
USDC has a total circulation of $33.9 billion and a reserve of $34 billion. Of this amount, approximately $4.3 billion is cash and approximately $29.6 billion is held by the Circle Reserve Fund.