💸 USDC Supply Shrinks by $1.1B This Week! 📉😱😰😦😮😲🫨
🤖 AI Summary
📊 According to PANews, Circle issued 54B USDC 💰 but redeemed 64B USDC in the week ending July 31.
➡️ That’s a net drop of $1.1B in USDC circulation 📉, leaving the total at 63.9B USDC in the market.
🏦 Reserves remain strong at $64.2B — made up of $8.8B in cash 💵 and $55.4B in the Circle Reserve Fund 📂.
So convert $USDT into crypto 🤝
