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In the 7 days ending June 25, Circle issued approximately 6 billion USDC and redeemed roughly 7.1 billion USDC, resulting in a decrease of about 1.1 billion USDC in circulation. The total circulation of USDC stands at 73.6 billion, with a reserve of around 73.9 billion USD, including approximately 52.2 billion USD in overnight reverse repo Treasuries, about 10 billion USD in Treasury securities with a maturity of less than 3 months, roughly 11 billion USD in deposits at systemically important institutions, and about 700 million USD in other bank deposits.

On June 27, Serenity's signals drove a short-term surge in Cerebras, with the stock contract quoted at $188.26 on trade.xyz at press time, up over 5% in the past hour. Meanwhile, the stock's after-hours price (as the market is now closed) was only $182.3. Previously, Serenity revealed it had made its first purchase of Cerebras stock in the $170 range, believing that cooperation with OpenAI brings a valuation premium. However, it also pointed out that current valuations are slightly high compared to profitable companies such as certain exchanges, but remains optimistic about its potential as a leader in AI inference.

Block, owned by Jack Dorsey, allows 800,000 merchants in the United States to accept Bitcoin payments, and offers 5% Bitcoin cashback. (The Bitcoin Historian)