According to official data, as of October 31, within the 7 days, Circle issued approximately 2.4 billion USDC, redeemed approximately 2 billion USDC, and the circulation increased by about 300 million coins. The total circulation of USDC is 34.7 billion coins, with a reserve amount of about 34.9 billion US dollars, of which approximately 4.3 billion US dollars is in cash, and the Circle Reserve Fund holds about 30.6 billion US dollars.