Data: USDC circulation increased by approximately 2.2 billion in the past 7 days

Circle issued approximately 3.7 billion USDC and redeemed approximately 1.6 billion USDC in the seven days ending on November 7th, resulting in a net increase of approximately 2.2 billion USDC in circulation. The total circulation of USDC is 36.8 billion, with a reserve of approximately 37 billion US dollars, including approximately 4.9 billion US dollars in cash and approximately 32.1 billion US dollars held by the Circle Reserve Fund.