According to official data, in the seven days ended April 10, Circle issued about 3.2 billion USDC and redeemed about 4.1 billion USDC, reducing the circulation by about 900 million. The total circulation of USDC is 59.80 billion, and the reserve is about 60 billion US dollars, of which cash is about 6.70 billion US dollars, and the Circle Reserve Fund holds about 53.30 billion US dollars.