Circle Issues $5.4B USDC (U.S. dollar-pegged stablecoin), Redeems $5.7B—Supply Down 300M

In seven days ending January 8, USDC (U.S. dollar-pegged stablecoin) circulation fell by 300 million; total supply is 74.9B, backed by $75B reserves including $50.7B in reverse repos (short-term collateralized loans) and $13.7B in short-term Treasuries.

USDC

Summary

verifying reliability

Terms & Concepts

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