Data: The circulation of USDC has increased by about 1 billion in the past 7 days

PANews reported on March 29, according to official data, within the seven days up to March 27, Circle issued approximately 4.4 billion USDC and redeemed about 3.4 billion USDC, increasing the circulation by about 1 billion. The total circulation of USDC is around 60.2 billion, with reserves of approximately $60.4 billion USD, including roughly $7 billion in cash and an estimated $53.4 billion held in the Circle Reserve Fund.