PANews reported on November 23 that, according to official data, in the seven days ending November 20, Circle issued approximately 6.3 billion USDC and redeemed approximately 8 billion USDC, resulting in a decrease of approximately 1.7 billion USDC in circulation. The total circulating supply of USDC is 73.8 billion, with reserves of approximately $74.1 billion, including approximately $9.2 billion in cash and approximately $64.9 billion held by the Circle Reserve Fund.
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