Circle: Has basically resolved all backlog of USDC minting and redemption requests, and expects to restore more services

ChainCatcher news, Circle's official blog states that as of the end of business on March 15, it has essentially resolved all backlog of USDC minting and redemption requests.

Since Monday morning, Circle has redeemed 3.8 billion USDC and minted 800 million USDC. The events of the past week have impacted the liquidity of USDC, but Circle is working with other banking partners to restart services, particularly payment and USDC redemption services. It expects to restore more features and services in the coming days. (source link)