Data: USDC circulation increased by about 100 million in the past 7 days

On February 22nd, according to official data, in the 7 days leading up to February 20th, Circle issued approximately 2.1 billion USDC, redeemed approximately 2 billion USDC, and the circulation increased by approximately 100 million tokens. The total circulation of USDC is 56.1 billion tokens, with reserves of approximately 56.4 billion US dollars, including approximately 6.9 billion US dollars in cash, and the Circle Reserve Fund holds approximately 49.5 billion US dollars.