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The USDC circulation volume decreased by approximately 1.7 billion tokens in the past 7 days.

MeNews
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ME News Report, May 16 (UTC+8), according to official data, as of May 14, over the past 7 days, Circle issued approximately 5.4 billion USDC, redeemed about 7.1 billion USDC, and the circulating supply decreased by approximately 1.7 billion tokens. The total circulating supply of USDC is 76.5 billion tokens, with reserves of about $76.7 billion, including approximately $48.3 billion in overnight reverse repurchase agreements; about $16.1 billion in Treasury bonds with less than 3 months maturity; systemically important institutional deposits of approximately $11.9 billion; and other bank deposits of about $500 million. (Source: PANews)
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MirrorPetals
· 6h ago
Short-term government bonds under 3 months amount to 16.1 billion, and liquidity management is indeed stable.
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BullsAndBearsInVinyl
· 6h ago
Net redemption of 1.7 billion, institutions are withdrawing.
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TidalShellReflection
· 6h ago
500 million in other bank deposits, small amount but cannot be ignored
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DustyAlpha
· 6h ago
Systemically important institution deposits amount to 11.9 billion, this phrase sounds just safe.
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MoonlightMineralWater
· 6h ago
Reserves of 76.7 billion compared to a circulation of 76.5 billion, only 200 million in excess collateral? That's a bit tight.
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AutumnSlopePath
· 6h ago
Overnight reverse repurchase + short-term bonds total 64.4 billion, payable at any time
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OwlAuthorizationMonitor
· 6h ago
PANews's data is more detailed and comes out earlier than the official weekly report.
View OriginalReply0

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