Data: USDC circulation increased by about 1.8 billion in the past 7 days

Odaily News According to official data, in the seven days ending July 17, Circle issued about 7.5 billion USDC, redeemed about 5.7 billion USDC, and the circulation increased by about 1.8 billion. The total circulation of USDC is 64.5 billion, and the reserve is about 64.7 billion US dollars, of which about 10.1 billion is in cash, and the Circle Reserve Fund holds about 54.7 billion US dollars.