USDC circulation increased by $300 million in the past week

According to official data, as of January 25, Circle has issued $2.1 billion USDC and redeemed $1.8 billion USDC in the past seven days, increasing the circulation by $300 million. USDC has a total circulating supply of $25.9 billion and reserves of $26 billion, including $3.3 billion in cash and $22.7 billion held by the Circle Reserve Fund.