PANews reported on September 27th that according to official data, Circle issued approximately 6.1 billion USDC and redeemed approximately 6.5 billion USDC in the seven days ending September 18th, reducing the circulating supply by approximately 400 million USDC. The total circulating supply of USDC is 73.9 billion, with reserves of approximately $74.1 billion, including approximately $9 billion in cash and $65.1 billion held in the Circle Reserve Fund.