Reserve

According to reports, Whale Alert data shows that at 2:53130769823 USDCs ($130769823) were destroyed in the USDC Treasury today (Beijing time).
130769823 USDCs destroyed in USDC Tr

According to official data, from April 6th to April 13th, Circle issued a total of $400 million USD and redeemed $1.2 billion USD, resulting in a decrease in circulation of approxi

According to reports, according to official data, in the past seven days, Circle has issued a total of $600 million in USDCs and redeemed $2.5 billion in USDCs, reducing circulatio

On March 13, the official Twitter of Paxos, the issuer of stable currency, said that the current deposit in Signature Bank was 250 million US dollars and the deposit insurance system had been established. All Paxos stable currency reserves are fully supported, and can be redeemed to customers at any time at the ratio of US $1:1. Paxos: Currently, the deposit in Signature Bank is 250 million US dollars Analysis based on this information:Paxos, the issuer of stable currency, announced on March 13 that the current deposit in Signature Bank was 250 million US dollars and the deposit insurance system had been established. This announcement assured customers that all Paxos stable currency reserves are fully supported and can be redeemed to customers at any time at the ratio of US $1:1. Stable currency is a type of cryptocurrency that is designed to maintain a stable value. Its value is pegged to a more stable asset, such as the US dollar,…

It is reported that, according to official data, from February 23 to March 2, Circle issued US $2.7 billion of USDC and redeemed US $1.7 billion of USDC, with …

According to the report, according to the encryption analysis company Nansen, the proportion of USDC in the current reserve of nearly $3.372 billion of Coin Se…