According to TechFlow, in the 7 days ending February 22, Circle issued 1.1 billion USDC, redeemed 1.2 billion USDC, and the circulation increased by 100 million. The total circulation of USDC is 28 billion US dollars, and the reserve is 28.1 billion US dollars, including 2.9 billion US dollars in cash and 25.2 billion US dollars in Circle Reserve Fund.