Live Markets

BTC Bitcoin $77,585 +0.24%

ETH Ethereum $2,261 +0.66%

SOL Solana $95.66 -1.03%

BNB BNB $704.63 -0.50%

XRP XRP $1.25 -0.29%

ADA Cardano $0.1929 -1.70%

DOGE Dogecoin $0.0758 -0.54%

AVAX Avalanche $8.55 -0.65%

DOT Polkadot $0.9458 -3.19%

MATIC Polygon $0.1262 0.00%

BTC Bitcoin $77,585 +0.24%

ETH Ethereum $2,261 +0.66%

SOL Solana $95.66 -1.03%

BNB BNB $704.63 -0.50%

XRP XRP $1.25 -0.29%

ADA Cardano $0.1929 -1.70%

DOGE Dogecoin $0.0758 -0.54%

AVAX Avalanche $8.55 -0.65%

DOT Polkadot $0.9458 -3.19%

MATIC Polygon $0.1262 0.00%

Circle redeems roughly $11.7 billion in USDC as supply slips to $70 billion

ChloeNovember 1, 20261 min read

Circle’s USDC supply decline may impact its revenue, as reduced circulation limits interest income from reserves, affecting shareholder confidence.

The post Circle redeems roughly $11.7 billion in USDC as supply slips to $70 billion appeared first on Crypto Briefing.

Source: https://cryptobriefing.com/circle-usdc-supply-falls-70-billion/

Market Analyst

Chloe

This author has not added a bio yet.

View all analysis