The total circulation of USDC is 34.6 billion dollars, with a decrease of 100 million in the past 7 days
According to official data, as of August 29th, Circle issued approximately 2.5 billion USDC and redeemed about 2.6 billion USDC in the past seven days, reducing the circulation by about 100 million; In the past 30 days, Circle issued approximately 12.6 billion USDC and redeemed about 11.4 billion USDC, increasing the circulation by around 1.2 billion. Currently, the total circulation of USDC is $34.6 billion with a reserve amounting to roughly $34.8 billion, including $3.9 billion in cash and $30.9 held by Circle Reserve Fund.
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