Circle's USDC issuance and redemption activities over the past week show some interesting dynamics. Official data shows that as of November 14, Circle issued about 2.7 billion USDC and redeemed about 2.9 billion USDC, resulting in a decrease of about 200 million in circulation.

Currently, the total circulation of USDC is 36.7 billion, while the reserve is about 36.9 billion US dollars, of which cash reserves are 4.4 billion US dollars and the Circle Reserve Fund holds about 32.4 billion US dollars. These data show that despite a slight decrease in circulation, Circle's reserves remain robust.

Amid market volatility, USDC's stability and reserve management continue to attract attention. 📊💼