[USDC Circulation Increased by Approximately 400 Million in the Past 7 Days] According to official data, within the 7 days ending on May 21, Circle issued approximately 8.1 billion USDC and redeemed about 7.7 billion USDC, resulting in a net circulation increase of approximately 400 million. The total USDC circulation stands at 76.9 billion, with reserves of approximately $77.1 billion, including: - Overnight reverse repurchase agreements of approximately $45.7 billion - Treasury bills with maturities of less than 3 months totaling approximately $18.6 billion - Deposits at systemically important institutions of approximately $12.2 billion - Other bank deposits of approximately $600 million.