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

PANews reported on January 11th, according to official data, within the seven days up to January 9th, Circle issued approximately 3.7 billion USDC and redeemed about 2.7 billion USDC, increasing the circulation by about 1 billion. The total circulation of USDC is around 45.3 billion, with reserves of approximately $45.5 billion USD; this includes roughly $5.2 billion in cash and an estimated $40.3 billion held in the Circle Reserve Fund.