USDC circulation increased by $300 million in the past week

According to official data, as of January 25th, Circle issued 2.1 billion USDC and redeemed 1.8 billion USDC in the past 7 days, increasing the circulating supply by 300 million USDC. The total circulating supply of USDC is 25.9 billion USDC, with a reserve of 26 billion USDC, including 3.3 billion USDC in cash and 22.7 billion USDC held by the Circle Reserve Fund.