CoinVoice has learned that, according to official data, in the 7 days ending October 31, Circle issued approximately 2.4 billion USDC and redeemed about 2 billion USDC, with a circulation increase of about 300 million coins.
The total circulation of USDC is 34.7 billion coins, with a reserve of approximately 34.9 billion US dollars, including about 4.3 billion dollars in cash, and the Circle Reserve Fund holds about 30.6 billion dollars. [Original link]