According to official data from ChainCatcher, as of August 1, Circle has issued about 2.4 billion USDC in the past week, redeemed about 3.3 billion USDC, and the circulation has decreased by about 900 million. The total circulation of USDC is 32.9 billion US dollars, and the reserve is about 33 billion US dollars, including 3.4 billion US dollars in cash and 29.6 billion US dollars in the Circle Reserve Fund.