Golden Finance reports that as of December 19, Circle has issued a total of approximately US$3.8 billion USDC and redeemed approximately US$2.9 billion USDC in the past seven days, increasing the circulation by approximately US$900 million. USDC has a total circulating supply of $42.3 billion and reserves of $42.5 billion, of which approximately $4.9 billion is in cash and approximately $37.6 billion is held in the Circle Reserve Fund.