Data: In the past week, the circulation of USDC increased by approximately 1.6 billion USD, bringing the total circulation to 34.5 billion USD

According to ChainCatcher news, official data shows that as of August 8, Circle issued approximately $3.9 billion USDC in the past 7 days, redeemed about $2.3 billion USDC, and the circulation increased by approximately $1.6 billion.

The total circulation of USDC is $34.5 billion, with reserves amounting to $34.6 billion, of which about $4.5 billion is in cash, and the Circle Reserve Fund holds approximately $30.1 billion.