USDC circulation increased by approximately 600 million in the past 7 days

according to official data, in the 7 days ending on October 23, Circle issued approximately 6.2 billion USDC, redeemed approximately 5.6 billion USDC, and the circulation increased by approximately 600 million tokens. The total circulation of USDC is 76.4 billion tokens, with a reserve of approximately 76.7 billion US dollars, including approximately 9.9 billion US dollars in cash, and the Circle Reserve Fund holds approximately 66.7 billion US dollars.