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USDC circulation increased by about 200 million in the past week

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.

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