According to PANews, official data reveals that Circle has issued approximately 3.6 billion USDC and has redeemed about 3.3 billion USDC in the week leading up to June 19, resulting in a net increase of around 300 million USDC in circulation. The total circulation of USDC now stands at 61.2 billion. Circle's reserves are reported to be about 61.6 billion USD, with 8.4 billion USD held in cash and approximately 53.3 billion USD in the Circle Reserve Fund.
