Techub News reported that, according to data from the Circle website, from October 18 to October 24 local time in the United States, Circle issued approximately 1.7 billion USDC, redeemed about 2 billion USDC, and the circulating supply increased by nearly 300 million. As of October 24 local time in the United States, the circulating supply of USDC was 34.4 billion, with reserve funds of 34.6 billion dollars.