According to Foresight News, data from Circle's website shows that between December 1 and December 7, Circle issued approximately 1.4 billion USDC and redeemed about 1.5 billion USDC, resulting in a net decrease of nearly 100 million USDC in circulation. As of December 7, the circulation of USDC stood at 24.3 billion, with a reserve fund of 24.4 billion US dollars.
Circle Issues and Redeems USDC in Early December
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