According to Deep Tide TechFlow, official data reported on May 24 shows that from May 15 to May 22, Circle issued approximately 4.3 billion USDC and redeemed about 3.5 billion USDC, resulting in an increase of approximately 800 million coins in circulation.
The total circulation of USDC is 61.3 billion coins, with a reserve of approximately 61.5 billion USD, of which about 8.1 billion USD is in cash, and the Circle Reserve Fund holds approximately 53.5 billion USD.
