USDC circulation increased by approximately 500 million in the week ending December 11 local time.
Foresight News reported that, according to information on Circle's official website, approximately 5.8 billion USDC were issued and about 5.3 billion USDC were redeemed in the week ending December 11 (local time), resulting in a net increase of around 500 million USDC in circulation. As of December 11 (local time), the circulating supply of USDC was approximately 78.5 billion, with reserve assets valued at about $78.7 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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