According to official data from ChainCatcher, as of July 18, Circle has issued about $2.1 billion USDC in the past 7 days, redeemed about $2.3 billion USDC, and reduced the circulation by about $200 million. The total circulation of USDC is $33.6 billion, and the reserve is $33.8 billion, of which about $4.1 billion is in cash, and the Circle Reserve Fund holds about $29.7 billion.