USDC circulation increased by about 600 million tokens in the seven days ended September 3. Circle issued approximately 11 billion USDC and redeemed about 10.4 billion USDC during the period.
Total USDC circulation stood at 74.6 billion tokens, backed by roughly $74.5 billion in reserves. The reserves included about $49.6 billion in overnight reverse Treasury repurchase agreements, $14.5 billion in Treasury securities with maturities under three months, $9.6 billion in systemically important institution deposits, and $800 million in other bank deposits.
USDC Circulation Rises by 600 Million Over Seven Days
Avertissement : Le contenu proposé sur Phemex News est à titre informatif uniquement. Nous ne garantissons pas la qualité, l'exactitude ou l'exhaustivité des informations provenant d'articles tiers. Ce contenu ne constitue pas un conseil financier ou d'investissement. Nous vous recommandons vivement d'effectuer vos propres recherches et de consulter un conseiller financier qualifié avant toute décision d'investissement.