Data: USDC circulation increased by approximately 2.9 billion in the past 7 days

According to official data, in the seven days ending August 14th, Circle issued approximately 8.6 billion USDC and redeemed approximately 5.7 billion USDC, increasing the circulating supply by approximately 2.9 billion. The total circulating supply of USDC is 67.5 billion, with approximately $67.6 billion in reserves, including approximately $10.2 billion in cash and $57.4 billion in the Circle Reserve Fund.