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USDC Circulation Decreases by 900 Million in 7 Days, Total Supply at 77.1 Billion

GateNews
USDC newsCapital FlowOn-Chain Data
USDC0.01%
According to Circle's official data, over the past 7 days through April 30, USDC circulation decreased by approximately 900 million as Circle issued 5.1 billion USDC and redeemed 6 billion, bringing total circulation to 77.1 billion. Reserves totaled approximately 77.4 billion U.S. dollars, comprising 47 billion in overnight reverse repurchase agreements, 18.6 billion in Treasury bills with maturities under 3 months, 11.3 billion in deposits at systemically important institutions, and 500 million in other bank deposits.
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