Crypto

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

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.

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/