On March 22, according to official data, in the 7 days ended March 20, Circle issued about 3.6 billion USDC, redeemed about 2.6 billion USDC, and increased the circulation by about 1 billion pieces. The total circulation of USDC is 59.20 billion pieces, and the reserve is about 59.50 billion US dollars, of which cash is about 7.20 billion US dollars, and the Circle Reserve Fund holds about 52.30 billion US dollars.