According to PANews, in the 7 days ending December 19, Circle issued approximately 3.8 billion USDC, redeemed about 2.9 billion USDC, and the circulation increased by about 900 million coins.
The total circulation of USDC is 42.3 billion coins, with reserves of approximately 42.5 billion USD, of which about 4.9 billion USD is in cash, and the Circle Reserve Fund holds about 37.6 billion USD.