PANews reported on December 21 that according to official data, in the 7 days ending December 19, Circle issued about 3.8 billion USDC, redeemed about 2.9 billion USDC, and the circulation increased by about 900 million. The total circulation of USDC is 42.3 billion, and the reserve is about 42.5 billion US dollars, of which about 4.9 billion US dollars are in cash, and the Circle Reserve Fund holds about 37.6 billion US dollars.