Data: The circulation of USDC has increased by approximately 900 million in the past 7 days

ChainCatcher reports that as of January 2nd, within the past 7 days, Circle has issued approximately 3 billion USDC and redeemed about 2.1 billion USDC, increasing the circulation by around 900 million coins. The total circulating supply of USDC is approximately 44.3 billion coins, with reserves estimated at around $44.4 billion USD, including roughly $6.5 billion in cash and an approximate $37.9 billion held in the Circle Reserve Fund.