USDC circulation decreased by 300 million coins in the past week

According to data from the Circle official website , Circle issued a total of 1.3 billion USDC in the past 7 days, redeemed 1.6 billion USDC, and reduced the circulation by 300 million USDC. As of November 9th, the total circulation of USDC was 24.1 billion, with a reserve of 24.2 billion US dollars, including 1.3 billion US dollars in cash, and the Circle Reserve Fund held 22.9 billion US dollars.