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Circle redeemed $6.9 billion USDC, exceeding issuance by $200 million

Verifying
  • Circle issued 6.7 billion USDC and redeemed 6.9 billion during seven days.
  • 200 million USDC was the approximate net decline in circulation.
  • 74.1 billion USDC circulated against approximately $74.2 billion in reserves.
USDC
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