PANews reported on June 7 that according to official data, in the seven days ending June 5, Circle issued about 3.2 billion USDC, redeemed about 3.1 billion USDC, and the circulation increased by about 100 million. The total circulation of USDC is 61.1 billion, and the reserve is about 61.3 billion US dollars, of which about 8.2 billion US dollars is in cash, and the Circle Reserve Fund holds about 53.1 billion US dollars.