CoinVoice has recently learned that, according to official data, in the 7 days ending October 31, Circle issued approximately 2.4 billion USDC and redeemed about 2 billion USDC, resulting in an approximate increase of 300 million in circulation.
USDC total supply is 34.7 billion coins, with reserves of approximately 34.9 billion dollars, including about 4.3 billion dollars in cash, and the Circle Reserve Fund holds approximately 30.6 billion dollars. [Original link]