Data: The circulation of USDC has increased by approximately 1.8 billion in the past 7 days

ChainCatcher news, according to official data, as of July 17, in the past 7 days, Circle issued approximately 7.5 billion USDC, redeemed about 5.7 billion USDC, and the circulation increased by approximately 1.8 billion. The total circulation of USDC is 64.5 billion, with reserves of about 64.7 billion USD, of which cash is about 10.1 billion USD, and the Circle Reserve Fund holds approximately 54.7 billion USD.