According to official data, Circle issued approximately 2.1 billion USDC and redeemed approximately 2.3 billion USDC in the seven days leading up to July 18th, resulting in a net increase in circulation of approximately 200 million USDC. The current total circulation of USDC is 33.6 billion US dollars, with a reserve of approximately 33.8 billion US dollars, including 4.1 billion US dollars in cash and 29.7 billion US dollars held by the Circle Reserve Fund.