According to Foresight News, as of July 25, Circle has issued approximately $2.7 billion in USDC over the past seven days while redeeming around $2.6 billion. This activity has resulted in a net increase of less than $100 million in USDC circulation. The total circulation of USDC now stands at $33.7 billion, with reserves amounting to $33.9 billion. Of these reserves, about $4.2 billion is held in cash, and the Circle Reserve Fund holds approximately $29.7 billion.