In the past week, Circle successfully issued approximately 3 billion USDC, while around 2.5 billion USDC were redeemed, resulting in an increase of 500 million USDC in circulation. The current total circulation of USDC has reached a scale of $35.3 billion, with its reserve amounting to $35.5 billion. Among this $35.5 billion reserve, $4.6 billion is in cash form, and the Circle Reserve Fund holds $3.08 billion.