$USDC circulating supply increased by about 2 billion in 7 days

According to official data, in the past 7 days as of December 4, Circle issued approximately 8.2 billion USDC and redeemed approximately 6.2 billion USDC, resulting in a net increase of about 2 billion in total circulating supply.

The total circulating supply of USDC is 78 billion, with reserves of approximately $78.1 billion, including $46 billion in overnight reverse repo U.S. Treasuries, about $21.6 billion in Treasuries with a maturity of less than 3 months, approximately $9.9 billion in deposits at systemically important institutions, and about $600 million in other bank deposits.