According to official data, as of November 21st, Circle has issued approximately $3.7 billion USDC in the past seven days, redeemed about $2.2 billion USDC, and increased circulation by about $1.4 billion. The total circulation of USDC is $38.1 billion, with reserves amounting to $38.3 billion, including approximately $5.8 billion in cash and around $32.5 billion held by the Circle Reserve Fund.