USDC circulation increased by about $1.1 billion in the past week, with a total circulation of $46.4 billion

Odaily News According to official data, as of January 16, Circle has issued approximately US$3.3 billion in USDC in the past 7 days, redeemed approximately US$2.2 billion in USDC, and the circulation volume increased by approximately US$1.1 billion.
The total circulation of USDC is 46.4 billion US dollars, and the reserve is 46.5 billion US dollars, of which approximately 5.8 billion US dollars is in cash and the Circle Reserve Fund holds approximately 40.8 billion US dollars.