PANews reported on March 15 that according to official data, in the 7 days ending March 13, Circle issued about 3.7 billion USDC, redeemed about 2.6 billion USDC, and the circulation increased by about 1.1 billion. The total circulation of USDC is 58.3 billion, and the reserve is about 58.5 billion US dollars, of which about 7.4 billion US dollars are in cash, and the Circle Reserve Fund holds about 51.1 billion US dollars.