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Circle Issues $3.5 Billion USDC and Redeems $2.8 Billion in Past Week According to Foresight News, official data reveals that Circle has issued approximately $3.5 billion USDC and redeemed $2.8 billion USDC in the past seven days, resulting in a net increase of $600 million in circulation. The total circulation of USDC now stands at $32.4 billion, with reserves amounting to $32.6 billion. Of these reserves, around $4.2 billion is in cash, while the Circle Reserve Fund holds approximately $28.4 billion.
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BTC IS down
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$3,562.70|0.05022000₿ Ξ: 1.0000000 H|L: 3,609.85|3,468.97 1h 0.11% 😏 24h 2.04% 😀 7d 2.77% 😀 Cap: 2nd | $427.3B Vol: $19.0B
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SEC calls BTC ETF filings inadequate, Binance loses euro partner,
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The rejection of ETF applications by the SEC caused a knee-jerk reaction but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers.
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