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Data: USDC circulation increased by approximately 2.6 billion tokens over the past 7 days
Mars Finance reports that, according to official data, within the past 7 days ending February 12, Circle issued approximately 8.4 billion USDC and redeemed about 5.8 billion USDC, resulting in a circulation increase of approximately 2.6 billion tokens. The total USDC circulation is about 73.1 billion tokens, with a reserve of approximately 73.4 billion USD, including overnight reverse repurchase agreements of about 42.9 billion USD; Treasury bonds with less than 3 months maturity totaling about 19.8 billion USD; systemically important institutional deposits of about 10.1 billion USD; and other bank deposits of about 600 million USD.