USDC circulation increased by US$600 million in the past week, with total circulation reaching US$32.4 billion

Mars Finance News, according to official data, as of March 28, Circle has issued a total of approximately US$3.5 billion USDC and redeemed US$2.8 billion USDC in the past seven days, increasing the circulation by US$600 million. USDC has a total circulating supply of $32.4 billion and reserves of $32.6 billion, of which approximately $4.2 billion is in cash and approximately $28.4 billion is held in the Circle Reserve Fund.