According to PANews, in the 7 days ending January 30, Circle issued approximately 3.4 billion USDC, redeemed approximately 2.3 billion USDC, and the circulation supply increased by approximately 1.2 billion.
The total circulation of USDC is 53 billion, and the reserve is approximately US$53.2 billion, of which approximately US$6.3 billion is in cash and the Circle Reserve Fund holds approximately US$46.9 billion.
