According to TechFlow, according to official data, in the 7 days ending July 18, Circle issued approximately 2.1 billion USDC, redeemed approximately 2.3 billion USDC, and the circulation volume increased by approximately 200 million.
The current total circulation of USDC is 33.6 billion US dollars, and the reserve is approximately 33.8 billion US dollars, including 4.1 billion US dollars in cash and 29.7 billion US dollars held by the Circle Reserve Fund.