USDC 7-day circulating supply increased by 400 million, reaching a total of 78.6 billion.

According to official data, in the 7 days ending April 16, Circle issued around 5.9 billion USDC and redeemed about 5.5 billion USDC, resulting in an increase of approximately 400 million USDC in circulation. The total circulating supply of USDC is 78.6 billion, with reserves of about 78.8 billion US dollars. Of these reserves, about 46.3 billion US dollars are in overnight reverse repurchase agreements, roughly 20.9 billion US dollars in Treasury bonds with maturities under three months, approximately 11 billion US dollars in systemically important institution deposits, and about 600 million US dollars in other bank deposits.