USDC circulation increased by 400 million in the past 7 days

According to official data, within the 7 days ending on February 15th, Circle issued 1.6 billion USDC and redeemed 1.2 billion USDC, resulting in an increase of 400 million USDC in circulation. The total circulation of USDC is 28 billion US dollars, with a reserve of 28.2 billion US dollars, including 3.2 billion US dollars in cash and 24.9 billion US dollars held by the Circle Reserve Fund.