The circulation of USDC decreased by about 700 million dollars in the past week, reducing the total circulation to 35.5 billion dollars

According to official data, as of October 3rd, Circle has issued approximately 2.2 billion USDC and redeemed about 2.9 billion USDC in the past seven days, reducing circulation by around 700 million USDC. The total circulation of USDC is 35.5 billion dollars, with reserves amounting to 35.6 billion dollars, including roughly 4.1 billion dollars in cash and approximately 31.5 billion held by the Circle Reserve Fund.