๐ต ๐จ๐ฆ๐๐ ๐ฆ๐ฒ๐ฒ๐ $๐ฏ๐ฌ๐ฌ๐ ๐๐ถ๐ฟ๐ฐ๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐๐ผ๐ผ๐๐ ๐๐ป ๐ณ ๐๐ฎ๐๐
๐ข In the 7 days ending June 19:
$3.6B USDC was issued
$3.3B USDC was redeemed
Net increase: ~$300M added to circulation
๐ข Total USDC in circulation:
๐ $61.2 billion
๐ผ Circleโs total reserves:
โก๏ธ $61.6 billion, including:
$8.4B in cash
$53.3B in the Circle Reserve Fund (mostly U.S. Treasuries)
โ This shows stable demand growth and strong backing for USDC.
๐ Keep an eye on USDC growthโit often signals rising on-chain liquidity and crypto capital inflows.