According to official data, in the seven days ending January 16th, Circle issued approximately 3.3 billion USDC, redeemed approximately 2.2 billion USDC, and increased circulation by approximately 1.1 billion pieces. The total circulation of USDC is 46.4 billion pieces, with reserves of approximately $46.5 billion, including cash of approximately $5.8 billion, and Circle Reserve Fund holding approximately $40.8 billion.