According to TechFlow's report, official data shows that Circle issued 1.9 billion USDC and redeemed 1.8 billion USDC in the past seven days, increasing the circulation by 100 million tokens. As of December 28th, the total circulation of USDC is $24.8 billion, with a reserve of $24.9 billion, including $2.6 billion in cash held by the Circle Reserve Fund and $22.3 billion held by it.