USDC supply shrinks by $200M over past week as redemptions top issuance
AI مارکیٹ کا خلاصہ
Circle's weekly USDC data show ~$6.9B redeemed versus ~$6.7B issued, shrinking circulation by about $200M to $74.1B. The reserve mix remains heavily concentrated in short-duration U.S. government exposure (ON RRP and <3-month T-bills) plus bank deposits, reinforcing liquidity and credit quality signals. Near-term market impact is mainly stablecoin liquidity/marginal leverage availability rather than directional risk sentiment.
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⚠️ AI سے تیار کردہ تجزیاتی سمجھ خبروں کے مواد پر مبنی ہے اور صرف معلوماتی مقاصد کے لیے فراہم کی گئی ہے۔ یہ سرمایہ کاری کا مشورہ نہیں ہے اور نہ ہی BingX کے خیالات کی نمائندگی کرتی ہے۔ سرمایہ کاری میں رسک شامل ہے۔ براہ کرم ذمہ داری سے ٹریڈ کریں۔
PANews, Sept. 13 — Circle data show that in the seven days through Sept. 10, the company issued about $6.7 billion of USDC and redeemed roughly $6.9 billion, cutting net circulation by around $200 million. USDC's total circulating supply stands at $74.1 billion, backed by approximately $74.2 billion in reserves. The reserves include $48.5 billion in overnight reverse repurchase agreements on U.S. Treasuries, $17.1 billion in U.S. Treasuries maturing in under three months, $7.9 billion in deposits at systemically important institutions, and $700 million in other bank deposits.
