PANews reported on December 7 that according to official data, in the 7 days ending December 5, Circle issued about 3.9 billion USDC, redeemed about 3 billion USDC, and the circulation increased by about 900 million. The total circulation of USDC is 40.2 billion, and the reserve is about 40.6 billion US dollars, of which about 5.7 billion US dollars is in cash, and the Circle Reserve Fund holds about 35 billion US dollars.