Data: USDC circulation has increased by approximately 800 million pieces in the past 7 days

According to official data, in the seven days ending May 22, Circle issued approximately 4.3 billion USDC, redeemed approximately 3.5 billion USDC, and increased circulation by approximately 800 million pieces. The total circulation of USDC is 61.3 billion pieces, with reserves of approximately 61.5 billion US dollars, including cash of approximately 8.1 billion US dollars, and Circle Reserve Fund holding approximately 53.5 billion US dollars.