According to official data, as of July 18th, Circle has issued approximately $2.1 billion USDC and redeemed about $2.3 billion USDC in the past seven days, reducing the circulation by roughly $200 million. The total circulation of USDC is $33.6 billion, with a reserve amount of $33.8 billion, including approximately $4.1 billion in cash and around $29.7 billion held by the Circle Reserve Fund.