USDC circulation increased by about 500 million in the past 7 days

according to official data, in the 7 days leading up to July 24th, Circle issued approximately 4.8 billion USDC, redeemed approximately 4.3 billion USDC, and the circulation increased by approximately 500 million coins. The total circulation of USDC is 65 billion coins, with a reserve of approximately 65.2 billion US dollars, of which approximately 8.9 billion US dollars are in cash, and the Circle Reserve Fund holds approximately 56.3 billion US dollars.