USDC circulation increased by $600 million in the past 7 days

Golden Finance reported that according to official data, as of March 7, Circle had issued a total of US$2.6 billion in USDC and redeemed US$2 billion in USDC in the past seven days, increasing the circulation by US$600 million. USDC has a total circulating supply of $29.3 billion and reserves of $29.3 billion, including approximately $3.6 billion in cash and approximately $25.8 billion held by the Circle Reserve Fund.