Circle's recent data shows that USDC issuance reached $3 billion in the 7 days ending January 2, with redemptions totaling $2.1 billion, resulting in a net circulation increase of $900 million. Currently, the total circulation of USDC stands at $44.3 billion, with total reserves of approximately $44.4 billion. Among these, cash reserves are about $6.5 billion, and the Circle Reserve Fund holds approximately $37.9 billion. This data indicates a continuous growth in market demand for USDC, reflecting an increasing confidence among investors in stablecoins.