How much usdc is in circulation?

The overall demand for USDC and its circulation is influenced by several factors:

  • 1. Trust and transparency: USDC is a stablecoin that is backed by US dollars held in reserve, providing transparency and trust to users.
  • 2. Liquidity and accessibility: USDC is widely available on various cryptocurrency exchanges and can be easily traded for other cryptocurrencies or fiat currencies.
  • 3. Utility and use cases: USDC can be used for various purposes such as remittances, decentralized finance (DeFi) lending and borrowing, and as a store of value.
  • 4. Regulatory compliance: USDC is compliant with regulatory requirements, which increases its acceptance and usage.

Last updated 10/25/2023, 9:14:34 AM



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