According to official data from Circle, in the seven days ending September 3, Circle issued approximately 11 billion USDC, redeemed approximately 10.4 billion USDC, and increased circulation by approximately 600 million coins; The total circulation of the USDC is 74.6 billion pieces, and the reserve is about 74.5 billion dollars, of which the overnight reverse treasury bond bond repurchase is about 49.6 billion dollars, the treasury bond with a maturity of less than three months is about 14.5 billion dollars, the deposits of systemically important institutions are about 9.6 billion dollars, and the deposits of other banks are about 800 million dollars.