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**📉 USDC Circulation Shrinks by $8B Amid Circle's Reserve Adjustments** Official data reported by *PANews* reveals **Circle** (issuer of USDC) reduced its stablecoin circulation by **$8 billion USD** over the past week (May 8–15, 2024). Here’s the breakdown: ### 🔑 **Key Stats** - **Issued**: ~$29B USDC - **Redeemed**: ~$37B USDC - **Net Circulation Change**: **-$8B** - **Total Circulation**: **$605B USDC** --- ### 💵 **Reserve Breakdown** Circle’s reserves backing USDC now total **$607B**, structured as: - **Cash**: $73B (held in custodial accounts) - **Circle Reserve Fund**: $534B (short-term U.S. Treasuries & assets) --- ### 🤔 **What This Means** - **Market Demand**: Rising redemptions suggest decreased demand for USDC or holders shifting to other stablecoins (e.g., USDT). - **Reserve Safety**: Circle maintains a slight reserve surplus ($607B vs. $605B USDC in circulation), reinforcing its 1:1 peg. - **Stablecoin Wars**: USDC continues to trail Tether’s USDT ($110B+ circulation), but remains a dominant DeFi/CeFi liquidity tool. #USDC ` | `#stablecoin ` | `#defi ` | `#CryptoStability ` | `#Circle `

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##🚨 Breaking News: Vitalik Buterin to Speak on Ethereum Consensus Upgrade at ETH Beijing Hackathon## Ethereum founder **Vitalik Buterin** will participate **remotely** in the **ETH Beijing Hackathon** to discuss the upcoming **Ethereum Consensus Layer Upgrade (Beam Chain)**. 🗓 **Date**: May 17, 2025 ⏰ **Time**: 2 PM UTC+8 (Beijing Time) 📌 **Topic**: Insights into the Beam Chain upgrade and its impact on Ethereum's future. This is a key event for developers, validators, and ETH holders! Stay tuned for updates on scalability, security, and decentralization enhancements. *Source: BlockBeats* 🔗 Follow #Ethereum #ETHBeijing #ConsensusUpgrade for real-time coverage. 👉 *Will this upgrade solidify $ETH ETH's dominance in L1s? Share your thoughts!* 💬 #ETH

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#MastercardStablecoinCards 🚀 **Revolutionize Your Payments with Mastercard’s Stablecoin Cards!** 💳 #Mastercard is bridging crypto and traditional finance with its cutting-edge **Stablecoin Cards**—a game-changer for seamless, secure transactions. Spend your stablecoins (pegged to fiat currencies like USD) anywhere Mastercard is accepted, converting crypto to cash in real-time. Enjoy: ✅ **Enhanced Security**: Backed by Mastercard’s fraud-protection tech. ✅ **Global Accessibility**: Shop worldwide, online or in-store. ✅ **Speed & Low Fees**: Skip slow blockchain waits and high costs. Whether you’re a crypto enthusiast or a everyday spender, these cards unlock the future of borderless, stable digital payments. 💸 Ready to upgrade your wallet? 🌐 #Mastercard #Stablecoins #CryptoPayments

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Explore my portfolio mix. Follow to see how I invest!

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#BinancePizza **Celebrate #BitcoinPizzaDay with Binance! 🍕** On May 22, 2010, 10,000 BTC bought two pizzas 🚀—now worth $650M! Honor crypto’s tastiest milestone by grabbing pizza with **BNB** or joining Binance’s pizza-themed challenges. 👉 *Trade, HODL, or spend crypto—just don’t regret it later!* #BinancePizza #CryptoHistory

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