Data: The circulation of USDC has increased by approximately 400 million in the past 7 days

ChainCatcher news, according to official data, as of October 16, in the past 7 days, Circle issued approximately 7.6 billion USDC, redeemed about 7.2 billion USDC, and the circulation increased by approximately 400 million. The total circulation of USDC is 75.9 billion, with reserves of about 76.1 billion USD, of which cash is about 9.9 billion USD, and the Circle Reserve Fund holds approximately 66.2 billion USD.