According to official data, as of December 5th, Circle has issued approximately $3.9 billion USDC and redeemed about $3 billion USDC in the past seven days, increasing circulation by about $900 million.
The total circulation of USDC is $40.2 billion, with reserves amounting to $40.6 billion, including approximately $5.7 billion in cash and around $35 billion held by the Circle Reserve Fund.