USDC Circulation Increases by 700 Million in One Week

Circle's website reveals that in the week ending February 19, USDC issuance reached approximately 5.3 billion, while redemptions totaled around 4.6 billion, resulting in a net increase of about 700 million USDC in circulation. According to Foresight News, as of February 19, the total circulation of USDC stood at approximately 73.7 billion, with reserve assets valued at around 74 billion dollars.