ChainCatcher news, according to official data, as of October 12, Circle has issued a total of approximately US$900 million in USDC and redeemed approximately US$1.1 billion in USDC in the past seven days, resulting in a reduction in circulation of approximately US$100 million.

It is reported that the total circulation of USDC is US$25 billion, with reserves of US$25.1 billion, including US$1.3 billion in cash and US$23.8 billion held by the Circle Reserve Fund.