TREE NEWS reports: Circle issued about 11B USDC and redeemed 10.4B USDC in the week through September 3, increasing circulation by roughly 600M coins. Total USDC supply stands at 74.6B, backed by reserves of about $74.5B, including $49.6B in overnight reverse repo and $14.5B in Treasury bills.
USDC circulation up ~600M in past 7 days
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