[USDC Circulation Increased by Approximately 1 Billion in the Past 7 Days] According to official data, in the 7 days ending on August 27, Circle issued approximately 11.2 billion USDC and redeemed approximately 10.2 billion USDC, resulting in a net circulation increase of about 1 billion USDC. The total circulation of USDC stands at 73.7 billion, with reserves of approximately $74 billion, including approximately $49.6 billion in overnight reverse repurchase agreements, approximately $13.2 billion in Treasury bills with maturities of less than 3 months, approximately $10.5 billion in deposits with systemically important institutions, and approximately $700 million in other bank deposits.