Circle's USDC stablecoin saw a decrease in circulation by approximately 1.1 billion tokens over the past week. From June 18 to June 25, Circle issued around 6 billion USDC while redeeming about 7.1 billion USDC, leading to the reduction. The total circulating supply of USDC now stands at 73.6 billion tokens. Circle's reserves are reported to be approximately $73.9 billion, comprising $52.2 billion in overnight reverse repurchase agreements on government bonds, $10 billion in Treasury securities with maturities under three months, $11 billion in deposits at systemically important institutions, and $0.7 billion in other bank deposits.