Official data shows that as of January 2, within the 7 days, Circle issued approximately 3 billion USDC, redeemed about 2.1 billion USDC, and the circulation increased by approximately 900 million. The total circulation of USDC is 44.3 billion, with a reserve amount of about 44.4 billion USD, of which approximately 6.5 billion USD is cash, and the Circle Reserve Fund holds about 37.9 billion USD.