According to official data, in the seven days ended October 10, Circle issued about 1.8 billion USDC and redeemed about 2.6 billion USDC, reducing the circulation by 800 million. The total circulation of USDC is 34.60 billion, and the reserve is about 34.80 billion US dollars, of which cash is about 3.70 billion US dollars, and the Circle Reserve Fund holds about 31 billion US dollars.