Data: USDC circulation increased by approximately 800 million in the past 7 days

According to official data, in the seven days ending August 7th, Circle issued approximately 4.9 billion USDC and redeemed approximately 4.2 billion USDC, increasing the circulating supply by approximately 800 million. The total circulating supply of USDC is 64.6 billion, with reserves of approximately $64.7 billion, including approximately $9 billion in cash and $55.8 billion held in the Circle Reserve Fund.