USDC SUPPLY DIPS SHORT TERM, LONG-TERM GROWTH REMAINS INTACT
📊 According to @circle data:
$USDC has about $74.9B in circulation, backed by $75.0B in reserves, maintaining near 1:1 coverage. Short term, supply fell by $0.2B over 7 days and $3.5B over 30 days, signaling cautious flows. Over 365 days, net issuance reached $29.7B, showing sustained long-term demand.
#CoinRank #USDC #Stablecoins
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USDC SUPPLY DIPS SHORT TERM, LONG-TERM GROWTH REMAINS INTACT
📊 According to @circle data:
$USDC has about $74.9B in circulation, backed by $75.0B in reserves, maintaining near 1:1 coverage.
Short term, supply fell by $0.2B over 7 days and $3.5B over 30 days, signaling cautious flows.
Over 365 days, net issuance reached $29.7B, showing sustained long-term demand.
#CoinRank #USDC #Stablecoins