PANews reported on January 25 that according to official data, in the seven days ending January 23, Circle issued about 10.3 billion USDC, redeemed about 4.9 billion USDC, and the circulation increased by about 5.5 billion. The total circulation of USDC is 51.9 billion, and the reserve is about 52.1 billion US dollars, of which about 6.1 billion is in cash, and the Circle Reserve Fund holds about 46.1 billion US dollars.