PANews reported on March 8 that according to official data, in the seven days ending March 6, Circle issued about 4.1 billion USDC, redeemed about 2.4 billion USDC, and the circulation increased by about 1.7 billion. The total circulation of USDC is 57.2 billion, and the reserve is about 57.4 billion US dollars, of which about 7 billion US dollars is in cash, and the Circle Reserve Fund holds about 50.4 billion US dollars.