PANews reported on November 16 that according to official data, in the 7 days ending November 14, Circle issued about 2.7 billion USDC, redeemed about 2.9 billion USDC, and the circulation decreased by about 200 million. The total circulation of USDC is 36.7 billion, and the reserve is about 36.9 billion US dollars, of which about 4.4 billion US dollars are in cash, and the Circle Reserve Fund holds about 32.4 billion US dollars.