PANews reported on October 18th that according to official data, in the seven days ending October 16th, Circle issued approximately 7.6 billion USDC and redeemed approximately 7.2 billion USDC, increasing the circulating supply by approximately 400 million. The total circulating supply of USDC is 75.9 billion, with reserves of approximately $76.1 billion, including approximately $9.9 billion in cash and approximately $66.2 billion held in the Circle Reserve Fund.
Data: USDC circulation increased by approximately 400 million in the past 7 days
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