USDC circulation increased by about 1 billion in the past 7 days

PANews reported on March 22 that according to official data, in the 7 days ending March 20, Circle issued about 3.6 billion USDC, redeemed about 2.6 billion USDC, and the circulation increased by about 1 billion. The total circulation of USDC is 59.2 billion, and the reserve is about 59.5 billion US dollars, of which about 7.2 billion is in cash, and the Circle Reserve Fund holds about 52.3 billion US dollars.