According to PANews, official data reveals that Circle issued approximately 4.1 billion USDC and redeemed around 2.4 billion USDC in the seven days leading up to March 6. This resulted in a net increase of about 1.7 billion USDC in circulation. The total circulation of USDC now stands at 57.2 billion, with reserves amounting to approximately 57.4 billion USD. Of these reserves, around 7 billion USD is held in cash, while the Circle Reserve Fund holds approximately 50.4 billion USD.

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