
Over the past seven days, the circulating supply of USDC decreased by approximately 800 million tokens. According to official data, between April 2 and the previous seven days, Circle issued approximately $5.9 billion in USDC and redeemed approximately $6.7 billion in USDC, resulting in a net reduction of about 800 million tokens in circulation. The total circulating supply of USDC is $77.1 billion, with reserves totaling approximately $77.2 billion, comprising approximately $43.9 billion in overnight repurchase agreements on U.S. Treasuries, approximately $20.3 billion in U.S. Treasuries with maturities of less than three months, approximately $12.4 billion in deposits at systemically important institutions, and approximately $600 million in other bank deposits.
