According to official data, as of October 24, Circle has issued about $1.70 billion USDC in the past seven days, redeemed about $2 billion USDC, and reduced circulation by about $300 million. The USDC has total liquidity of $34.40 billion and reserves of $34.60 billion, of which cash is about $4.10 billion and the Circle Reserve Fund holds about $30.50 billion.