PANews|Mar 21, 2026 14:14
[USDC Circulation Increased by Approximately 400 Million in the Past 7 Days]
According to official data, in the 7 days ending March 19, Circle issued approximately 5.2 billion USDC and redeemed approximately 4.8 billion USDC, resulting in a net circulation increase of about 400 million USDC. The total USDC circulation stands at 79.1 billion, with reserves of approximately $79.4 billion, including:
- Overnight reverse repo agreements of approximately $45.3 billion;
- Treasury bills with maturities under 3 months of approximately $21.7 billion;
- Deposits at systemically important institutions of approximately $11.8 billion;
- Other bank deposits of approximately $600 million.
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