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

According to official data, in the seven days ending May 15th, Circle issued approximately 2.9 billion USDC and redeemed approximately 3.7 billion USDC, resulting in a decrease of approximately 800 million coins in circulation. The total circulation of USDC is 60.5 billion pieces, with reserves of approximately 60.7 billion US dollars, including cash of approximately 7.3 billion US dollars, and Circle Reserve Fund holding approximately 53.4 billion US dollars.