ChainCatcher Message, Circle's USDC issuance and redemption activities over the past week have attracted market attention. According to official data, from the 7 days ending December 19, Circle issued approximately 3.8 billion USDC and redeemed about 2.9 billion USDC, resulting in a net increase of approximately 900 million USDC in circulation.

Currently, the total circulation of USDC has reached 42.3 billion, with reserves amounting to about 42.5 billion dollars, which includes approximately 4.9 billion dollars in cash and around 37.6 billion dollars held by the Circle Reserve Fund. These data indicate that USDC's issuance and redemption activities play an important role in the stablecoin market and are worthy of continued attention.