In the past week, Circle’s USDC stablecoin has decreased its circulating supply by approximately $100 million. According to Circle, over seven days ending last Sunday, USDC redemptions amounted to $1.4 billion, outpacing the $1.3 billion issued in new coins.
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BTC/USD$ 67,878.19 1.02%
ETH/USD$ 2,637.89 0.80%
USDT/USD$ 0.999832 0.06%
BNB/USD$ 597.63 0.31%
SOL/USD$ 153.62 0.70%
USDC/USD$ 1.00 0.03%
XRP/USD$ 0.55022 0.24%
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ADA/USD$ 0.346926 0.14%
AVAX/USD$ 27.61 0.18%
SHIB/USD$ 0.000019 3.98%
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WBTC/USD$ 67,740.15 0.78%
WETH/USD$ 2,636.54 0.63%
BCH/USD$ 372.77 2.83%
LINK/USD$ 11.43 3.11%
DOT/USD$ 4.25 0.34%
DAI/USD$ 0.99986 0.03%
NEAR/USD$ 4.80 0.54%
SUI/USD$ 2.06 1.79%
LEO/USD$ 6.09 0.83%
UNI/USD$ 7.48 0.08%
LTC/USD$ 72.11 1.61%
APT/USD$ 9.94 1.00%
WEETH/USD$ 2,770.65 0.55%
PEPE/USD$ 0.00001 2.11%
TAO/USD$ 574.70 0.99%
ICP/USD$ 7.87 0.96%
FET/USD$ 1.40 0.72%
KAS/USD$ 0.125826 0.40%
XMR/USD$ 158.16 0.81%
ETC/USD$ 19.17 0.27%
XLM/USD$ 0.095739 0.47%
STX/USD$ 1.90 5.51%
POL/USD$ 0.368987 0.37%
FDUSD/USD$ 0.999517 0.12%
WIF/USD$ 2.62 2.85%
IMX/USD$ 1.52 0.24%
WBT/USD$ 17.06 4.32%
USDE/USD$ 0.999605 0.02%
OKB/USD$ 40.22 2.35%
AAVE/USD$ 155.66 0.44%
FIL/USD$ 3.69 0.02%
INJ/USD$ 22.05 7.33%
OP/USD$ 1.70 1.15%
RENDER/USD$ 5.35 1.83%
CRO/USD$ 0.077652 0.32%