USDC circulation increased by about $100 million in the past week, bringing the total circulation to $33.9 billion

According to official data, as of July 11, Circle has issued about $3.6 billion USDC in the past 7 days, redeemed about $2.6 billion USDC, and increased the circulation by about $100 million. The total circulation of USDC is $33.9 billion, and the reserve is $34 billion, of which about $4.3 billion is in cash, and the Circle Reserve Fund holds about $29.6 billion.