USDC circulation increased by about 1 billion in the past 7 days

On July 13th, according to official data, within the 7 days ending on July 11th, Circle issued about 3.6 billion USDC and redeemed about 2.6 billion USDC, with a circulation increase of about 1 billion. The total circulation of USDC is 33.9 billion US dollars, with a reserve of about 34 billion US dollars, including 4.3 billion US dollars in cash, and the Circle Reserve Fund holds 29.6 billion US dollars.