The Merit Circle price is $0.20, a change of 5.20% over the past 24 hours as of 9:17 a.m. The recent price action in Merit Circle left the tokens market capitalization at $87,068,512.88. So far this year, Merit Circle has a change of -26.52%. Merit Circle is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
Buy crypto on a secure, trusted platform.:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OFOZHKYDDFAIRLI53T6L3HVHGU.jpg)
Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HERGP2CSDNF2XDYUOUZZN5JAHA.jpg)
The stablecoin issuer now only holds cash and repurchase agreements to back its USDC stablecoin’s value.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WXIHMZXSFRAMTNM5VFAZT5X3YA.jpg)
Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/FYJF3KTE2BERRNEGQZE2G2IUYI.png)
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows.
24H Low
24H High
24H Open
24H Change
52 Week Low
52 Week High
All Time High
Returns (YTD)
Market Cap
24H Volume
Max Supply
Total Supply
24H Value Transacted
30D Volatility
24H Transaction Count
24H Average Transaction Fee
CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
Diving in deeper on cryptocurrency.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/SWPGSD2NDVHKDHCUUFCLUIOZ54.png)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ZDC3FRMKDBCHDMRLSDPLCIVTUE.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/C22KBA3O6FG5RM3JTN56ZN75BM.jpg)