PANews reported on April 19 that according to official data, in the seven days ending April 17, Circle issued about 3.2 billion USDC, redeemed about 2.2 billion USDC, and the circulation increased by about 1 billion. The total circulation of USDC is 60.8 billion, and the reserve is about 61 billion US dollars, of which about 7.7 billion US dollars are in cash, and the Circle Reserve Fund holds about 53.3 billion US dollars.