PANews reported on March 21 that, according to official data, in the seven days ending March 19, Circle issued approximately 5.2 billion USDC and redeemed approximately 4.8 billion USDC, increasing the circulating supply by approximately 400 million USDC. The total circulating supply of USDC is 79.1 billion, with reserves of approximately $79.4 billion, including approximately $45.3 billion in overnight reverse repurchase agreements; approximately $21.7 billion in Treasury bonds with maturities of less than three months; approximately $11.8 billion in systemically important institution deposits; and approximately $600 million in other bank deposits.