According to official data, in the seven days ending June 12th, Circle issued approximately 2.6 billion USDC, redeemed approximately 2.6 billion USDC, and reduced circulation by approximately 100 million pieces. The total circulation of USDC is 60.9 billion pieces, with reserves of approximately 61.2 billion US dollars, including cash of approximately 8.5 billion US dollars, and Circle Reserve Fund holding approximately 52.7 billion US dollars.