The circulation of USDC decreased by 100 million dollars in the past week, with a total circulation of 33 billion dollars

According to official data, as of May 9th, Circle has issued approximately 2 billion USDC and redeemed about 2 billion USDC in the past seven days, reducing circulation by around 100 million dollars. The total circulation of USDC is 33 billion dollars, with reserves amounting to 33.1 billion dollars. Of this reserve, approximately 3.3 billion is cash while the Circle Reserve Fund holds about 29.8 billion dollars.