Circle Announces Changes in USDC Circulation and Composition of Reserve Assets
2026-10-31 17:09:49
According to CoinMeta, Circle has released the circulation changes of USDC as of October 29th. In the past 7 days, Circle issued approximately 10.9 billion USDC, and redeemed about 11.7 billion USDC, resulting in a decrease of about 800 million USDC in circulation. Currently, the total circulation of USDC is 70 billion coins, with reserve assets amounting to about 71.4 billion US dollars. Of this, overnight reverse treasury bond repurchases account for about 32.9 billion US dollars, treasury bonds with a term of less than 3 months amount to about 27.5 billion US dollars, deposits from systemically important institutions are about 10.4 billion US dollars, and other bank deposits are about 600 million US dollars.
Source:Internet
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