PANews reported on December 13th that, according to official data, in the seven days ending December 11th, Circle issued approximately 5.8 billion USDC and redeemed approximately 5.3 billion USDC, increasing the circulating supply by approximately 500 million USDC. The total circulating supply of USDC is 78.5 billion, with reserves of approximately $78.7 billion, including approximately $49.7 billion from overnight reverse repurchase agreements; approximately $18.5 billion from Treasury bonds with maturities of less than three months; approximately $9.6 billion from systemically important institution deposits; and approximately $900 million from other bank deposits.