PANews reported on February 22 that according to official data, in the 7 days ending February 20, Circle issued about 2.1 billion USDC, redeemed about 2 billion USDC, and the circulation increased by about 100 million. The total circulation of USDC is 56.1 billion, and the reserve is about 56.4 billion US dollars, of which about 6.9 billion US dollars are in cash, and the Circle Reserve Fund holds about 49.5 billion US dollars.