According to official data, in the seven days ended January 16, Circle issued about 3.3 billion USDC, redeemed about 2.2 billion USDC, and increased the circulation by about 1.10 billion. The total circulation of USDC is 46.40 billion, and the reserve is about 46.50 billion US dollars, of which cash is about 5.80 billion US dollars, and the Circle Reserve Fund holds about 40.80 billion US dollars.