Circle redeemed $11.7 billion of USDC on October 29, reducing the supply to $70 billion
2026-11-01 07:32:02
According to CoinMeta, Circle redeemed $11.7 billion of USDC in the week up to October 29th. Compared to the $10.9 billion issued, the supply has been reduced by $800 million, with the current supply amounting to $70 billion.
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Source:Cointelegraph
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