Data: USDC circulation increased by about 1 billion in the past 7 days

PANews on January 11 reported that according to official data, within the 7 days until January 9, Circle issued approximately 3.7 billion USDC, redeemed approximately 2.7 billion USDC, and the circulating supply increased by approximately 1 billion. The total circulating supply of USDC is 45.3 billion, with a reserve of approximately 45.5 billion US dollars, of which approximately 5.2 billion US dollars are in cash, and the Circle Reserve Fund holds approximately 40.3 billion US dollars.