USDC circulation increased by $600 million in the past week, reaching a total of $32.4 billion

As of March 28th, Circle issued approximately $3.5 billion USDC and redeemed $2.8 billion USDC in the past 7 days, resulting in a net increase of $600 million USDC in circulation. The total circulation of USDC is $32.4 billion, with a reserve of $32.6 billion, including approximately $4.2 billion in cash, and the Circle Reserve Fund holding approximately $28.4 billion.