USDC circulation increased by approximately 1.3 billion within one week

Foresight News reported that, according to information on Circle's official website, approximately 5.3 billion USDC were issued and about 4 billion USDC were redeemed in the week ending February 26 (local time), resulting in a net increase of around 1.3 billion USDC in circulation. As of February 26 (local time), the circulating supply of USDC was approximately 75.2 billion, with reserve assets valued at about 75.5 billion US dollars.