Data: The circulation of USDC has increased by approximately 5.5 billion in the past 7 days

ChainCatcher news, according to official data, as of January 23, in the past 7 days, Circle issued approximately 10.3 billion USDC, redeemed about 4.9 billion USDC, and the circulation increased by approximately 5.5 billion.

The total circulation of USDC is 51.9 billion, with reserves of about 52.1 billion USD, of which cash is about 6.1 billion USD, and the Circle Reserve Fund holds approximately 46.1 billion USD.