According to official data, in the seven days ended November 7, Circle issued about 3.7 billion USDC, redeemed about 1.6 billion USDC, and increased the circulation by about 2.20 billion. The total circulation of USDC is 36.80 billion, and the reserve is about 37 billion US dollars, of which cash is about 4.90 billion US dollars, and the Circle Reserve Fund holds about 32.10 billion US dollars.