Data: USDC circulation has decreased by approximately 200 million pieces in the past 7 days

According to official data, in the seven days ending May 29th, Circle issued approximately 3 billion USDC and redeemed approximately 3.2 billion USDC, resulting in a decrease of approximately 200 million coins in circulation. The total circulation of USDC is 61 billion pieces, with reserves of approximately 61.3 billion US dollars, including cash of approximately 8 billion US dollars, and Circle Reserve Fund holding approximately 53.3 billion US dollars.