Data: The circulation of USDC has decreased by approximately 200 million in the past 7 days

ChainCatcher news, official data shows that as of November 14, in the past 7 days, Circle issued approximately 2.7 billion USDC, redeemed about 2.9 billion USDC, and the circulation decreased by approximately 200 million. The total circulation of USDC is 36.7 billion, with reserves of about 36.9 billion USD, of which cash is about 4.4 billion USD, and the Circle Reserve Fund holds approximately 32.4 billion USD.