According to official data, as of September 14th, Circle issued 1.2 billion USDC and redeemed 1.1 billion USDC in the past 7 days, increasing the circulation by 200 million USDC. The total circulation of USDC is 26 billion US dollars, with a reserve of 26.1 billion US dollars, including 1.8 billion US dollars in cash and the Circle Reserve Fund holding 24.3 billion US dollars.

Spot On Chain monitoring shows that Mark Cuban, owner of the NBA's Dallas Mavericks, has just transferred $2.8 million worth of cryptocurrency to a new wallet. This includes $2.1 million worth of USDC on the Polygon network, as well as 338 stETH (valued at $556,000) and 175,000 USDC on the Ethereum network.

On September 13th, according to Lookonchain monitoring, a whale spent 1.82 million USDC to purchase 2.3 million ARB tokens at an average price of $0.79 per token, 3 hours ago.

According to analysts at S&P Global, some dollar-pegged stablecoins are more prone to depegging than others, with Circle's USD Coin (USDC) and MakerDAO's Dai (DAI) being the most susceptible. A research paper from September examined the valuation and depegging of five leading stablecoins, including Tether (USDT), Binance USD (BUSD), Paxos (USDP), USDC, and DAI.

According to data from the Circle official website, from September 3 to September 9, Circle issued approximately 900 million USDC and redeemed approximately 1.1 billion USDC, reducing the circulation by 200 million. As of September 9, the circulation of USDC was 25.9 billion, with reserve funds of 26 billion US dollars.

According to Scam Sniffer monitoring, an address suffered a phishing attack 7 hours ago, resulting in a loss of approximately $266,000 worth of USDC and DAI.

As monitored by on-chain analyst Yu Jin, 6 hours ago, a whale address bought 6541 ETH on-chain using 10.66 million USDC at an average price of $1630 per ETH. The USDC was converted to ETH at the 0x012 address, and then the ETH was transferred back to the original address.