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As of October 19, total USDC circulation has rebounded to $25.4 billion

As of October 19th, Circle issued approximately $1.4 billion USDC and redeemed approximately $1.1 billion USDC in the past 7 days, reducing the circulation by approximately $400 million. The total circulation of USDC is $25.4 billion, with a reserve of $25.5 billion, including $1.7 billion in cash, and the Circle Reserve Fund holds $23.9 billion.

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