USDC Circulation Increases by $1.7 Billion in One Week

Circle's official website reports that in the week ending March 12, approximately 5.2 billion USDC were issued, while around 3.6 billion were redeemed, resulting in a net increase of about 1.7 billion USDC in circulation. According to ChainCatcher, as of March 13, the total circulation of USDC stood at approximately 78.7 billion, with reserve assets valued at around $78.9 billion.