As of March 7th, Circle issued a total of 2.6 billion USDC and redeemed 2 billion USDC in the past 7 days, increasing its circulation by 600 million USDC. The total circulation of USDC is 29.3 billion US dollars, with a reserve of 29.3 billion US dollars, of which about 3.6 billion US dollars are in cash and Circle Reserve Fund holds about 25.8 billion US dollars.