According to PANews, official data reveals that Circle issued approximately 3.4 billion USDC and redeemed around 3.1 billion USDC in the seven days leading up to June 26, resulting in a net increase of about 400 million USDC in circulation. The total circulation of USDC now stands at 61.6 billion, with reserves amounting to approximately 61.9 billion USD. This reserve includes about 8.6 billion USD in cash and 53.3 billion USD held in the Circle Reserve Fund.