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Data: Over the past 7 days, USDC circulation has increased by approximately 400 million tokens

MarsBitNews
Mars Finance News, according to official data, within the 7 days ending May 21, Circle issued approximately 8.1 billion USDC, redeemed about 7.7 billion USDC, and the circulating supply increased by approximately 400 million tokens.
The total circulating supply of USDC is 76.9 billion tokens, with reserves of about 77.1 billion USD, including overnight reverse repurchase agreements of approximately 45.7 billion USD; Treasury bonds with less than 3 months maturity of about 18.6 billion USD; systemically important institution deposits of about 12.2 billion USD; and other bank deposits of about 600 million USD.
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ContrarianIndicatorBonsai
· 6h ago
Short-term bonds + reverse repurchase agreements account for over 80%, Circle is really afraid of a run on the bank.
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MempoolDrifter
· 7h ago
Other banks' deposits are only 600 million, Circle really doesn't dare to lend to small banks anymore.
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SlippageSailor
· 7h ago
45.7 billion overnight reverse repurchase, the yield should be pretty good now.
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SushiBackrunner
· 7h ago
Weekly data is published openly; Circle's move to comply with regulations is indeed well executed.
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RetroRadioEcho
· 7h ago
Circle's reserve structure is quite solid, with 45.7 billion in overnight reverse repurchase agreements + 18.6 billion in short-term debt, liquidity is at its peak.
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SandwichMev
· 7h ago
Reserve asset maturities are mostly within 3 months, and liquidity management is very cautious.
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NfaKitchen
· 7h ago
Circulating supply is 76.9 billion, and it’s still one-fold behind USDT—can it catch up?
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NoSleepBridge
· 7h ago
Weekly issuance of 8.1 billion, redemption of 7.7 billion, with a pretty high turnover rate.
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AprWhisperer
· 7h ago
Systemically important institution deposits amount to 12.2 billion yuan. Who are the major players depositing?
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EvenRocksNeedLiquidity
· 7h ago
400 million net increase, USDC's ability to attract funds is impressive.
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