According to PANews, official data reveals that Circle issued approximately 3.6 billion USDC and redeemed around 2.6 billion USDC in the week ending March 20, 2025. This activity resulted in a net increase of about 1 billion USDC in circulation. The total circulation of USDC now stands at 59.2 billion, with reserves amounting to approximately $59.5 billion. Of these reserves, around $7.2 billion is held in cash, while the Circle Reserve Fund holds approximately $52.3 billion.