USDC circulation increased by about $1.4 billion in the past week, with total circulation exceeding $38 billion

Odaily News According to official data, as of November 21, Circle has issued about $3.7 billion USDC in the past 7 days, redeemed about $2.2 billion USDC, and increased the circulation by about $1.4 billion. The total circulation of USDC is $38.1 billion, and the reserve is $38.3 billion, of which about $5.8 billion is in cash, and the Circle Reserve Fund holds about $32.5 billion.