USDC circulation increased by approximately 1.2 billion in the past 7 days

Official data shows that in the seven days ending December 12, Circle issued about 3.9 billion USDC, redeemed about 2.7 billion USDC, and the circulation increased by about 1.2 billion. The total circulation of USDC is 41.4 billion, and the reserve is about 41.6 billion US dollars, of which about 5.8 billion is in cash and the Circle Reserve Fund holds about 35.8 billion US dollars.