[USDC Circulation Decreased by Approximately 1.7 Billion in the Past 7 Days] According to official data, within the 7 days ending May 14, Circle issued approximately 5.4 billion USDC and redeemed approximately 7.1 billion USDC, resulting in a circulation decrease of about 1.7 billion. The total USDC circulation stands at 76.5 billion, with reserves of approximately $76.7 billion, including: - Overnight reverse repo agreements: approximately $48.3 billion - Treasury bills with maturities under 3 months: approximately $16.1 billion - Deposits at systemically important institutions: approximately $11.9 billion - Other bank deposits: approximately $0.5 billion.