USDC supply increased by approximately 2.6 billion in one week

Foresight News reported that, according to information on Circle's official website, approximately 8.4 billion USDC were issued and about 5.8 billion USDC were redeemed in the week ending February 12 (local time), resulting in a net increase of around 2.6 billion USDC in circulation. As of February 12 (local time), the circulating supply of USDC was approximately 73.1 billion, with reserve assets valued at about 73.4 billion US dollars.