CoinWorld reports that, according to official data, within the 7 days ending April 2, Circle issued approximately 5.9 billion USDC and redeemed about 6.7 billion USDC, resulting in a circulation decrease of approximately 800 million tokens. The total circulating supply of USDC is 77.1 billion tokens, with reserves of about $77.2 billion, including overnight reverse repurchase agreements of approximately $43.9 billion; Treasury bonds with maturities under 3 months totaling about $20.3 billion; systemically important institution deposits of approximately $12.4 billion; and other bank deposits of about $600 million.

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