Circle Reports Increase In USDC Circulation

According to PANews, official data reveals that Circle issued approximately 2.1 billion USDC and redeemed around 2 billion USDC in the seven days leading up to February 20, 2025. This activity resulted in a net increase of about 100 million USDC in circulation. The total circulation of USDC now stands at 56.1 billion, with reserves amounting to approximately $56.4 billion. Of these reserves, about $6.9 billion is held in cash, while the Circle Reserve Fund holds approximately $49.5 billion.