According to official data, Circle issued a total of 2.8 billion USDC and redeemed approximately 3 billion USDC in the past 7 days, resulting in a decrease in circulation of approximately 200 million USDC. The total circulation of USDC is 33.1 billion US dollars, with a reserve of 33.2 billion US dollars, including approximately 3.4 billion US dollars in cash, and Circle Reserve Fund holding approximately 29.8 billion US dollars.

According to the on-chain data tracking service Whale Alert, USDC Treasury has added 50 million USDC today at 6:49.

According to Whale Alert monitoring, USDC Treasury has minted 50,076,159 USDC on the Ethereum blockchain.

The Circle cross-chain transmission protocol (CCTP) will be launched on the Solana mainnet on March 26. Circle Developers have updated the developer documentation to enable integration building on the Solana development network.

According to Whale Alert monitoring, at 16:08:23 Beijing time, Circle increased the issuance of 50,000,000 USDC on the Ethereum blockchain.

As of March 7th, Circle issued a total of 2.6 billion USDC and redeemed 2 billion USDC in the past 7 days, increasing its circulation by 600 million USDC. The total circulation of USDC is 29.3 billion US dollars, with a reserve of 29.3 billion US dollars, of which about 3.6 billion US dollars are in cash and Circle Reserve Fund holds about 25.8 billion US dollars.

Coinbase stated in a research report that USDC, the second largest stablecoin in terms of market value, is making a comeback with increased global liquidity and rapidly growing usage outside of the United States, leading to a sharp increase in supply in recent months. Analysts David Duong and Li Liu wrote: "Since December 1, 2023, the supply of USDC has increased by 14.3%, exceeding $3.5 billion, bringing its total market value to $28 billion, while the increase in USDT during the same period was smaller, at 8.7%." USDT is a competitor of Tether, a stablecoin based on the US dollar and the largest stablecoin to date, with a market value of $98 billion.

According to the blockchain data tracking service Whale Alert, at around 22:45 on January 31st Beijing time, an address starting with "0xf487" transferred 74,007,416 USDC to Coinbase Institutional via the Ethereum blockchain, worth approximately $74,081,424.

Circle will launch USDC on Celo, which is a layer 1 protocol compatible with EVM and transitioning to Ethereum's layer 2 scaling solution. An upcoming governance vote will also determine whether USDC will serve as Celo's official gas currency.

According to official sources, Swiss encryption technology company Bitcoin Suisse recently announced a deep cooperation with Circle to expand the liquidity of USDC in Europe. As part of the ongoing collaboration, Bitcoin Suisse is committed to circulating USDC on its 24/7 trading and custody platform and activating the full use of stablecoins in its channels. In addition, USDC has been added as a standard supported trading pair for all compatible assets.