PANews reported on April 5th, according to official data, within the seven days up to April 3rd, Circle issued approximately 3.8 billion USDC and redeemed about 3.3 billion USDC, increasing the circulation by around 500 million. The total circulation of USDC is about 60.8 billion, with a reserve of approximately $60.9 billion USD; this includes roughly $7 billion in cash and an estimated $53.9 billion held in the Circle Reserve Fund.