According to a report from 深潮 TechFlow, on January 4, as of January 2, 2025, the total USDC reserves reached 44.4 billion dollars, with the Circle Reserve Fund holding 37.9 billion dollars and cash reserves of approximately 6.5 billion dollars.

In the past 7 days, Circle issued a total of 3 billion USDC, redeemed 2.1 billion USDC, resulting in a net increase of approximately 900 million tokens, and the current total circulation of USDC is 44.3 billion tokens.