šŸ’° $USDC Supply Grows by $700M in a Week šŸš€

Circle added $700M to USDC circulation last week, issuing $3.3B while redeeming $2.6B, according to PANews.

šŸ”¹ Total supply: $62.7B

šŸ”¹ Reserves: $62.9B

ā€ƒā€¢ $9.2B in cash

ā€ƒā€¢ $53.7B in the Circle Reserve Fund

šŸ“ˆ Notably: Solana captured a major share of this growth.

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