PANews reported on May 31 that according to official data, in the seven days ending May 29, Circle issued about 3 billion USDC, redeemed about 3.2 billion USDC, and the circulation decreased by about 200 million. The total circulation of USDC is 61 billion, and the reserve is about 61.3 billion US dollars, of which about 8 billion US dollars is in cash, and the Circle Reserve Fund holds about 53.3 billion US dollars.