In the past 7 days, the circulating supply of USDC has increased by 900 million tokens

According to official data, in the 7 days leading up to February 8th, Circle issued 2 billion USDC, redeemed 1.1 billion USDC, and increased circulation by 900 million tokens. The total circulation of USDC is $27.6 billion, with reserves of $27.7 billion, including $3.3 billion in cash and the Circle Reserve Fund holding $24.5 billion.