According to official data, as of April 24, within the past 7 days, Circle issued approximately $3.7 billion in USDC and redeemed approximately $2.5 billion in USDC, resulting in a net increase in circulation of about $1.2 billion. The total circulation of USDC is $62 billion, supported by approximately $62.3 billion in reserves, of which $7.9 billion is in cash, and the Circle reserve fund holds about $54.4 billion.