PANews reported on March 22 that according to official data, in the 7 days up to March 20, Circle issued approximately 3.6 billion USDC and redeemed approximately 2.6 billion USDC, with the circulating volume increasing by about 1 billion. The total USDC circulation is 59.2 billion, with reserves of approximately $59.5 billion, including about $7.2 billion in cash and approximately $52.3 billion held in the Circle Reserve Fund.