According to official data, in the seven days ended July 18, Circle issued about 2.1 billion USDC, redeemed about 2.3 billion USDC, and increased the circulation by about 200 million pieces. The current total USDC circulation is 33.60 billion US dollars, and the reserve is about 33.80 billion US dollars, of which cash 4.10 billion US dollars, Circle ReserveFund holds 29.70 billion US dollars.