💥 $USDC Supply Drops!
Circle reports a net reduction of 1.1B USDC in circulation over the past week (Mar 20–26) 👇
📊 Key Stats:
• Issued: 3.8B USDC
• Redeemed: 4.9B USDC
• Total circulation: 78B USDC
• Backed by $78.2B reserves (Treasuries, bank deposits)
⚡ Why it matters:
Lower circulation = tighter stablecoin supply, could impact crypto liquidity & market sentiment
👀 Watch: Market may react to $USDC contraction trends

USDCUSDT
Perp
1.00006
0.00%
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