As of December 28, 2023, USDC circulation increased by US$100 million in the past week

According to official data, as of December 28, 2023, Circle has issued a total of 1.9 billion USDC and redeemed 1.8 billion USDC within 7 days. The circulation has increased by 100 million US dollars. The total circulation of USDC is 24.8 billion US dollars, with a reserve of 24.9 billion US dollars, of which 2.6 billion US dollars are in cash and the Circle Reserve Fund holds 22.3 billion US dollars.