[USDC Circulation Increased by Approximately 400 Million in the Past 7 Days] According to official data, within the 7 days ending April 16, Circle issued approximately 5.9 billion USDC and redeemed approximately 5.5 billion USDC, resulting in a net circulation increase of about 400 million. The total USDC circulation stands at 78.6 billion, with reserves of approximately 78.8 billion USD, including: - Overnight reverse repurchase agreements: approximately 46.3 billion USD - Treasury bills with maturities under 3 months: approximately 20.9 billion USD - Systemically important institution deposits: approximately 11 billion USD - Other bank deposits: approximately 600 million USD.