[USDC Circulation Decreased by Approximately 1.7 Billion in the Past 7 Days] According to a report by Jinse Finance, based on 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 net circulation decrease of about 1.7 billion. The total circulation of USDC stands at 76.5 billion, with reserves of approximately $76.7 billion, including approximately $48.3 billion in overnight reverse repurchase agreements; approximately $16.1 billion in Treasury bills with maturities of less than 3 months; approximately $11.9 billion in deposits with systemically important institutions; and approximately $500 million in other bank deposits.