Data: In the past week, the circulation of USDC has increased by approximately 1.6 billion USD, raising the total circulation to 34.5 billion USD

According to official data, as of August 8th, Circle has issued approximately $3.9 billion USDC and redeemed about $2.3 billion USDC in the past seven days, increasing circulation by around $1.6 billion. The total circulation of USDC is $34.5 billion, with reserves amounting to $34.6 billion, including roughly $4.5 billion in cash and approximately $30.1 billion held by the Circle Reserve Fund.