PANews reported on July 19 that according to official data, in the 7 days ending July 17, Circle issued about 7.5 billion USDC, redeemed about 5.7 billion USDC, and the circulating supply increased by about 1.8 billion. The total circulating supply of USDC is 64.5 billion, with approximately $64.7 billion in reserves, including approximately $10.1 billion in cash and approximately $54.7 billion held by the Circle Reserve Fund.