According to official data, in the seven days ended October 31, Circle issued about 2.4 billion USDC, redeemed about 2 billion USDC, and increased the circulation by about 300 million. The total circulation of USDC is 34.70 billion, and the reserve is about 34.90 billion US dollars, of which cash is about 4.30 billion US dollars, and the Circle Reserve Fund holds about 30.60 billion US dollars.