USDC circulation fell by ~200M last week (to May 29), totaling 61B. ~3B issued, ~3.2B redeemed. The 61B circulation is backed by ~61.3B reserves, including ~8B cash & ~53.3B in the Reserve Fund.
#crypto #blockchain #news
USDC circulation fell by ~200M last week (to May 29), totaling 61B. ~3B issued, ~3.2B redeemed. The 61B circulation is backed by ~61.3B reserves, including ~8B cash & ~53.3B in the Reserve Fund.
#crypto #blockchain #news