Data: The circulation of USDC has increased by approximately 2.2 billion in the past 7 days

ChainCatcher news, according to official data, as of November 7, in the past 7 days, Circle issued approximately 3.7 billion USDC, redeemed about 1.6 billion USDC, and the circulation increased by approximately 2.2 billion. The total circulation of USDC is 36.8 billion, with reserves of about 37 billion dollars, of which cash is about 4.9 billion dollars, and the Circle Reserve Fund holds approximately 32.1 billion dollars.