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USDC
$1.00-0.02%

USDC supply shrank by $800M this week. 📉 In the 7 days through Oct 29: • Issued: $10.9B • Redeemed: $11.7B • Circulation: $70B • Reserves: $71.4B Reserve mix: • $32.9B overnight reverse repos • $27.5B T-bills under 3 months • $10.4B deposits at systemically important banks • $0.6B deposits at other banks Fewer new dollars are entering crypto right now. Watch stablecoin supply as a liquidity signal. #USDC #Stablecoins #Crypto #Circle

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