Data: USDC Circulating Supply Decreased by Approximately 100 Million in the Past 7 Days

According to Bijie News on June 14, official data shows that in the seven days ending June 12, Circle issued approximately 2.6 billion USDC and redeemed about 2.6 billion USDC, resulting in a net decrease of around 100 million USDC in circulation. The total USDC in circulation stands at 60.9 billion, with reserves of approximately $61.2 billion, including about $8.5 billion in cash and roughly $52.7 billion held in the Circle Reserve Fund.