Data: USDC Circulating Supply Increased by Approximately 700 Million in the Past 7 Days

According to official data reported by Odaily Planet Daily, in the seven days leading up to July 10, Circle issued approximately 3.3 billion USDC and redeemed about 2.6 billion USDC, resulting in a net increase of around 700 million USDC in circulation. The total circulating supply of USDC stands at 62.7 billion, with reserves of approximately 62.9 billion US dollars, including about 9.2 billion US dollars in cash and roughly 53.7 billion US dollars held in the Circle Reserve Fund.