Circle issued approximately 3.8 billion USDC in the past week while redeeming about 2.9 billion USDC, resulting in a net increase of approximately 900 million USDC in circulation. The current total circulation of USDC has reached 42.3 billion, with reserves of approximately 42.5 billion USD, which includes about 4.9 billion USD in cash and approximately 37.6 billion USD held by the Circle reserve fund. These data indicate that the demand for USDC in the market remains strong, and Circle also maintains sufficient reserves to support the issuance of its stablecoin.🔍💰