Data: USDC circulation has decreased by approximately 1.1 billion pieces in the past 7 days

According to official data, in the seven days ending on July 31st, Circle issued approximately 5.4 billion USDC, redeemed approximately 6.4 billion USDC, and reduced circulation by approximately 1.1 billion pieces. The total circulation of USDC is 63.9 billion pieces, with reserves of approximately 64.2 billion US dollars, including cash of approximately 8.8 billion US dollars, and Circle Reserve Fund holding approximately 55.4 billion US dollars.