Shenchao TechFlow news, according to official data, as of October 31, in the past 7 days, Circle issued approximately 2.4 billion USDC, redeemed about 2 billion USDC, and the circulation increased by about 300 million.

The total circulation of USDC is 34.7 billion, with a reserve amount of approximately 34.9 billion dollars, of which about 4.3 billion dollars is cash, and the Circle Reserve Fund holds about 30.6 billion dollars.