USDC's circulating supply increased by $400 million over the week ending May 21, according to official data. Circle issued approximately $8.1 billion in USDC while redeeming $7.7 billion, leading to the net increase. The total USDC supply now stands at $76.9 billion, backed by reserves of $77.1 billion. These reserves include $45.7 billion in overnight reverse repurchase agreements on U.S. Treasuries, $18.6 billion in U.S. Treasuries with maturities under three months, $12.2 billion in deposits at systemically important institutions, and $600 million in other bank deposits.
USDC Circulation Expands by $400 Million in One Week
Aviso legal: El contenido de Phemex News es únicamente informativo.No garantizamos la calidad, precisión ni integridad de la información procedente de artículos de terceros.El contenido de esta página no constituye asesoramiento financiero ni de inversión.Le recomendamos encarecidamente que realice su propia investigación y consulte con un asesor financiero cualificado antes de tomar cualquier decisión de inversión.