According to official data, as of September 19, Circle has issued about $2.70 billion USDC in the past seven days, redeemed about $2.50 billion USDC, and increased circulation by about $200 million. The USDC has total liquidity of $35.50 billion and reserves of $35.70 billion, of which cash is about $4.60 billion and the Circle Reserve Fund holds about $31.20 billion.