Circle Reports Increase in USDC Circulation Amid Recent Issuances and Redemptions

According to PANews, official data reveals that Circle has issued approximately 44 billion USDC and redeemed around 34 billion USDC over the past week ending March 27, 2025. This activity has resulted in an increase of about 10 billion USDC in circulation. The total circulation of USDC now stands at 602 billion units, supported by reserves amounting to approximately $604 billion. These reserves include around $7 billion in cash and $53.4 billion held in the Circle Reserve Fund.