Circle issued approximately 3 billion USDC in the past week while redeeming about 2.1 billion USDC, resulting in an increase of about 900 million USDC in circulation. 🎉 Currently, the total circulation of USDC has reached 44.3 billion.

In terms of reserves, Circle's total reserves amount to approximately 44.4 billion USD, which includes about 6.5 billion in cash and approximately 37.9 billion held by the Circle Reserve Fund. 💼 These figures indicate that the market demand for USDC remains strong.

For participants in the crypto market, understanding the issuance and redemption of USDC can help better grasp market dynamics. 📊 Regardless of market fluctuations, maintaining a neutral attitude and rational analysis is always a wise choice.