PANews reported on December 28 that according to official data, in the 7 days ending December 26, Circle issued about 3.4 billion USDC, redeemed about 2.3 billion USDC, and the circulation increased by about 1.1 billion. The total circulation of USDC is 42.4 billion, and the reserve is about 43.7 billion US dollars, of which about 6.1 billion is in cash, and the Circle Reserve Fund holds about 37.6 billion US dollars.