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

According to official data, in the 7 days ending August 20, Circle issued approximately 7.5 billion USDC, redeemed about 6.7 billion USDC, and the circulating supply increased by approximately 800 million.

The total circulating supply of USDC is 72.7 billion, with reserves of approximately 72.9 billion USD, including overnight reverse repos of about 48.1 billion USD; Treasury bonds with maturities of less than 3 months of about 12.7 billion USD; deposits from systemically important institutions of about 11.4 billion USD; and other bank deposits of about 700 million USD.