According to PANews, in the 7 days ending October 31, Circle issued approximately 2.4 billion USDC, redeemed approximately 2 billion USDC, and the circulation supply increased by approximately 300 million.
The total circulation of USDC is 34.7 billion, and the reserve is approximately US$34.9 billion, of which approximately US$4.3 billion is in cash and the Circle Reserve Fund holds approximately US$30.6 billion.