PANews reported on November 2 that according to official data, in the 7 days ending October 31, Circle issued about 2.4 billion USDC, redeemed about 2 billion USDC, and the circulation increased by about 300 million. The total circulation of USDC is 34.7 billion, and the reserve is about 34.9 billion US dollars, of which about 4.3 billion US dollars is in cash, and the Circle Reserve Fund holds about 30.6 billion US dollars.