The circulating supply of USDC has increased by 100 million in the past 7 days

According to official data, Circle issued 1.9 billion USDC and redeemed 1.8 billion USDC in the past seven days, resulting in a circulation increase of 100 million USDC. As of December 14th, the total circulation of USDC is $24.4 billion, with reserves amounting to $24.5 billion, including $2.3 billion in cash and $22.3 billion held by the Circle Reserve Fund.