PANews reported on August 17 that according to official data, in the seven days ending August 15, Circle issued about 2.2 billion USDC and redeemed about 2.2 billion USDC, and the circulation did not change significantly. The total circulation of USDC is 34.5 billion US dollars, and the reserve is about 34.6 billion US dollars, including 4.5 billion US dollars in cash and 30.1 billion US dollars held by Circle Reserve Fund.