According to official data, in the seven days ended January 9, Circle issued about 3.7 billion USDC, redeemed about 2.7 billion USDC, and increased the circulation by about 1 billion. The total circulation of USDC is 45.30 billion, and the reserve is about 45.50 billion US dollars, of which cash is about 5.20 billion US dollars, and Circle ReserveFund holds about 40.30 billion US dollars.