PANews January 24 News, according to official data, as of January 21, within 7 days, Circle issued approximately 4.8 billion USDC, redeemed about 6.2 billion USDC, and the circulating supply decreased by about 1.4 billion tokens. The total circulating supply of USDC is 74.4 billion tokens, with a reserve of approximately 74.5 billion USD, including about 47.8 billion USD in overnight reverse repurchase agreements; about 16 billion USD in Treasury bonds with maturities less than 3 months; systemically important institution deposits of about 9.9 billion USD; and other bank deposits of about 800 million USD.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
MetaDAO community votes to approve the "Liquidate Ranger Finance" proposal
MetaDAO community voting approved the proposal to liquidate Ranger Finance, remove RNGR/USDC liquidity, and transfer the USDC reserve to MetaDAO, to be distributed proportionally to unlocked token holders. Additionally, the intellectual property of Futarchy governance will be returned to Glint House PTE. LTD. The snapshot will be taken on March 13.
GateNews52m ago
Solana's Largest DEX Aggregator » Jupiter Launches On-Chain Visa Card: Zero Fees for USDC Top-Ups, Aiming to Transform into a Decentralized New Bank
Solana Ecosystem Protocol Jupiter Launches Virtual Visa Card Jupiter Card, Allowing Users to Top Up with USDC Fee-Free and Exchange 1:1 USD. The card can be used at Visa-accepting merchants worldwide and offers two card level options. Jupiter has partnered with Noah with the goal of transforming into a decentralized new bank, providing more financial services and attracting a large user base. Its success remains to be seen before market validation.
動區BlockTempo2h ago
Maji deposited 100,000 USDC into HyperLiquid to increase the ETH long position, currently with a floating profit of over $200,000.
Foresight News reports that, according to Onchain Lens monitoring, Magji deposited 100,000 USDC into HyperLiquid to increase its ETH long position (25x leverage), currently with an unrealized profit of over $200,000.
GateNews13h ago
Apollo Crypto will manage the USDC-pegged tokenized strategy mEVUSD
Apollo Crypto announces the launch of the mEVUSD tokenized yield strategy product, in collaboration with Everstake and Midas, aiming to generate returns from idle stablecoins. Apollo will be responsible for managing the portfolio and reducing market risk through DeFi protocols.
GateNews16h ago
Oil prices surge, interest rate cut expectations cool down! Circle benefits as the target price breaks $100
U.S. stablecoin giant Circle recently surged nearly 8% in stock price, hitting a four-month high, due to soaring oil prices and a cooling of interest rate cut expectations. Mizuho Securities raised its target price to $100, while maintaining a "Neutral" rating, but became more optimistic about profit prospects. Analysts believe that if the Federal Reserve continues to keep interest rates high, Circle's revenue will benefit accordingly, but market competition and regulatory pressures should still be watched carefully.
区块客19h ago
On-chain EWY's largest long position hit the rebound of the Korean stock market, with a return on holdings reaching 115%
On the Hyperliquid platform, the largest long whale holding the iShares Korea ETF mapping contract cash: EWY successfully turned a profit, with unrealized gains reaching $310,000, a position size of $6.42 million, and an average price of $126. After a rebound, EWY's price this morning rose to $134, a 6% increase.
GateNews03-05 02:48
