PANews reported on October 25th that according to official data, in the seven days ending October 23rd, Circle issued approximately 6.2 billion USDC and redeemed approximately 5.6 billion USDC, increasing the circulating supply by approximately 600 million. The total circulating supply of USDC is now 76.4 billion, with approximately $76.7 billion in reserves, including approximately $9.9 billion in cash and $66.7 billion in the Circle Reserve Fund.
Data: USDC circulation increased by approximately 600 million in the past 7 days
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