USDC circulation has decreased by approximately US$300 million in the past week

As of October 26, Circle has issued a total of approximately US$1.3 billion USDC and redeemed approximately US$1.6 billion USDC in the past seven days, resulting in a reduction in circulation of approximately US$300 million. The current total circulation of USDC is US$25 billion, with reserves of US$25.2 billion, including US$1.6 billion in cash and US$23.6 billion held by the Circle Reserve Fund.