PANews reported on November 23 that according to official data, in the 7 days ending November 21, Circle issued about 3.7 billion USDC, redeemed about 2.2 billion USDC, and the circulation increased by about 1.4 billion. The total circulation of USDC is 38.1 billion, and the reserve is about 38.3 billion US dollars, of which about 5.8 billion US dollars is in cash, and the Circle Reserve Fund holds about 32.5 billion US dollars.
Data: USDC circulation increased by approximately 1.4 billion in the past 7 days
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