According to PANews, official data reveals that in the seven days leading up to June 12, Circle issued approximately 2.6 billion USDC and redeemed a similar amount, resulting in a net decrease of around 100 million USDC in circulation. The total circulation of USDC stands at 60.9 billion, with reserves amounting to approximately $61.2 billion. This includes about $8.5 billion in cash and $52.7 billion held in the Circle Reserve Fund.

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