USDC Circulation Increases by 400 Million in One Week

Circle's website reveals that in the week ending March 12, approximately 5.2 billion USDC were issued, while around 4.8 billion were redeemed, resulting in a net increase of about 400 million USDC in circulation. According to Foresight News, as of March 19, the total circulation of USDC stands at approximately 79.1 billion, with reserve assets valued at around 79.4 billion dollars.