PANews reported on July 26 that according to official data, in the seven days ending July 24, Circle issued about 4.8 billion USDC, redeemed about 4.3 billion USDC, and the circulation increased by about 500 million. The total circulation of USDC is 65 billion, and the reserve is about 65.2 billion US dollars, of which about 8.9 billion US dollars are in cash, and the Circle Reserve Fund holds about 56.3 billion US dollars.