According to official data, as of August 29, Circle issued about 2.50 billion USDC in the past 7 days, redeemed about 2.60 billion USDC, and the circulation decreased by about 100 million; Circle issued about 12.60 billion USDC in the past 30 days, redeemed about 11.40 billion USDC, and the circulation increased by about 1.20 billion. At present, the total circulation of USDC is 34.60 billion US dollars, and the reserve is about 34.80 billion US dollars, of which 3.90 billion US dollars in cash, and the Circle Reserve Fund holds 30.90 billion US dollars.