PANews reported on January 4 that according to official data, in the 7 days ending January 2, Circle issued about 3 billion USDC, redeemed about 2.1 billion USDC, and the circulation increased by about 900 million. The total circulation of USDC is 44.3 billion, and the reserve is about 44.4 billion US dollars, of which about 6.5 billion US dollars are in cash, and the Circle Reserve Fund holds about 37.9 billion US dollars.