Data: USDC circulation increased by approximately 100 million in the past 7 days

According to official data from Odaily Planet Daily, within the 7 days ending June 5, Circle issued approximately 3.2 billion USDC and redeemed about 3.1 billion USDC, resulting in a net increase of around 100 million USDC in circulation. The total circulation of USDC is 61.1 billion, with reserves of approximately 61.3 billion USD, including about 8.2 billion USD in cash, and the Circle Reserve Fund holds approximately 53.1 billion USD.