Over the past 7 days, USDC circulating supply decreased by approximately 1.3 billion, with the current total supply at 67.9 billion.
Odaily: Over the 7 days ending November 12, Circle issued approximately 10.8 billion USDC and redeemed approximately 12.1 billion, resulting in a decrease of approximately 1.3 billion in circulating supply. The total circulating supply of USDC is 67.9 billion, with reserves of approximately $68.1 billion, including approximately $39.9 billion in overnight reverse Treasury repo, approximately $20.1 billion in Treasury bills with maturities of less than 3 months, approximately $7.4 billion in deposits at systemically important institutions, and approximately $600 million in other bank deposits.
