According to Odaily, official data reveals that in the seven days leading up to December 29, Circle issued approximately 4.6 billion USDC and redeemed about 5.7 billion USDC, resulting in a circulation decrease of around 1.1 billion USDC. The total circulation of USDC stands at 75.9 billion, with reserves estimated at 76.3 billion dollars. These reserves include approximately 51 billion dollars in overnight reverse repurchase agreements, around 14.6 billion dollars in Treasury bills with maturities of less than three months, about 10 billion dollars in deposits at systemically important institutions, and roughly 800 million dollars in other bank deposits.