According to official data, as of August 15th, Circle issued about 2.2 billion USDC and redeemed about 2.2 billion USDC within the past seven days, and there was no significant change in circulation. The total circulation of USDC is 34.5 billion US dollars, and the reserve is about 34.6 billion US dollars, of which 4.5 billion US dollars are in cash and the Circle Reserve Fund holds 30.1 billion US dollars.