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.

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

#crypto 29),