According to official data from Circle, USDC circulation decreased by about 800 million in the 7 days ending October 10, 2024. Circle issued about 1.8 billion USDC during this period and redeemed about 2.6 billion. Currently, the total circulation of USDC is 34.6 billion, and the reserve amount is about 34.8 billion US dollars. In the past 365 days, the issuance of USDC was 123.1 billion, and the redemption amount was 113.9 billion, with a net increase of 9.3 billion.