USDC circulation decreased by 600 million in the past week.

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Based on information available on the Circle official website, recent data shared by Golden Finance reveals that over the past week, Circle has issued 1.2 billion USDC while redeeming 1.8 billion USDC, resulting in a decrease of 600 million USDC in circulation. As of November 2nd, the total USDC circulation stood at 24.4 billion, with a reserve of 24.5 billion US dollars, including 1 billion US dollars in cash. The Circle Reserve Fund held 23.5 billion US dollars.