According to official data, as of November 21st, Circle has issued approximately $3.7 billion in USDC over the past 7 days, redeemed approximately $2.2 billion in USDC, and increased its circulation by approximately $1.4 billion. The total circulation of USDC is 38.1 billion US dollars, with reserves of 38.3 billion US dollars, including approximately 5.8 billion US dollars in cash and 32.5 billion US dollars held by CircleSReserve Fund. @gyomei

Interesting to see the recent data on USDC circulation and reserves. Circle's numbers reflect significant activity in the stablecoin market. Exciting developments ahead!