The current total circulation of USDC is 34.7 billion US dollars, and the reserve is 34.9 billion US dollars

According to official data, as of October 17, Circle has issued about $2.4 billion USDC in the past 7 days, redeemed about $2.3 billion USDC, and the circulation has decreased by less than $100 million. The total circulation of USDC is $34.7 billion, and the reserve is $34.9 billion, of which about $3.8 billion is in cash, and the Circle Reserve Fund holds about $31.1 billion.