Data: Over the past 7 days, the USDC circulating supply has increased by approximately 700 million.

PANews, July 12 news, according to official data, in the 7 days up to July 10, Circle issued approximately 3.3 billion USDC and redeemed about 2.6 billion USDC, with a circulating supply increase of approximately 700 million coins. The total circulating supply of USDC is 62.7 billion coins, with reserves of about 62.9 billion USD, of which cash is about 9.2 billion USD and the Circle Reserve Fund holds approximately 53.7 billion USD.