[USDC Circulation Decreased by Approximately 700 Million in the Past 7 Days] According to official data, within the 7 days ending on June 11, Circle issued approximately 8.5 billion USDC and redeemed approximately 8.2 billion USDC, resulting in a net circulation decrease of about 700 million USDC. The total USDC circulation stands at 74.8 billion, with reserves of approximately $75 billion, including around $44.7 billion in overnight reverse repurchase agreements with U.S. Treasuries, approximately $18.6 billion in Treasury bills with maturities under 3 months, approximately $11 billion in deposits with systemically important institutions, and around $700 million in other bank deposits.