USDC liquidity increased by $100 million over the past week, with total liquidity at $32.6 billion
As of June 20, Circle issued $2 billion in USDC and redeemed $1.9 billion in USDC over the past seven days, increasing liquidity by $100 million, according to official data.Total USDC liquidity was $32.6 billion, with $32.7 billion in reserves, of which approximately $3.7 billion was in cash and approximately $29.1 billion was held by the Circle Reserve Fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cuentas signs power and colocation deal with Power Upp USA for Texas mining site
Market Chatter: Ryanair Cuts Winter Flight Frequency Amid Higher Fuel Prices
Bintang Samudera Mandiri Lines announces extraordinary shareholders meeting plan
Loihde launches share buyback of up to 550,000 shares, capped at EUR 6 million
Crypto prices
More
