Data: The circulation of USDC has increased by approximately 800 million in the past 7 days

ChainCatcher news, according to official data, as of May 22, in the past 7 days, Circle issued approximately 4.3 billion USDC, redeemed about 3.5 billion USDC, and the circulation increased by about 800 million. The total circulation of USDC is 61.3 billion, with reserves of approximately 61.5 billion USD, of which about 8.1 billion USD is in cash, and the Circle Reserve Fund holds approximately 53.5 billion USD.