Data: In the past week, the circulation of USDC increased by approximately 1.1 billion USD, bringing the total circulation to 46.4 billion USD

ChainCatcher news, according to official data, as of January 16, Circle has issued approximately 3.3 billion USDC in the past 7 days, redeemed about 2.2 billion USDC, and increased its circulation by approximately 1.1 billion.

The total circulation of USDC is 46.4 billion, with reserves amounting to 46.5 billion, of which about 5.8 billion is in cash, and the Circle Reserve Fund holds approximately 40.8 billion.