According to official data, in the 7 days ended December 5, Circle issued about 3.9 billion USDC, redeemed about 3 billion USDC, and increased the circulation by about 900 million. The total circulation of USDC is 40.20 billion, and the reserve is about 40.60 billion US dollars, of which cash is about 5.70 billion US dollars, and the Circle Reserve Fund holds about 35 billion US dollars.