Data: USDC circulation decreased by approximately 1.1 billion in the past 7 days

According to official data, in the seven days ending July 31st, Circle issued approximately 5.4 billion USDC and redeemed approximately 6.4 billion USDC, reducing the circulating supply by approximately 1.1 billion. The total circulating supply of USDC is 63.9 billion, with reserves of approximately $64.2 billion, including approximately $8.8 billion in cash and approximately $55.4 billion held in the Circle Reserve Fund.