USDC Circulation Declines by $600 Million in Late October
Circle's official website reports that in the week ending October 30, USDC issuance totaled approximately 5.1 billion coins, while redemptions reached around 5.7 billion coins, resulting in a circulation decrease of about 600 million coins. As of October 30, USDC's circulation stood at approximately 75.9 billion coins, with reserve assets valued at around $76.2 billion.