Data: USDC circulation increased by about 800 million units in the past 7 days

According to Twitter, according to official data, in the 7 days up to August 20, Circle issued about 7.5 billion USDC, redeemed about 6.7 billion USDC, and increased circulation by about 800 million units.

The total circulation of USDC is 72.7 billion, with reserves of about $72.9 billion, of which overnight repurchases of treasury bonds are about US$48.1 billion; treasury bonds with maturities of less than 3 months are about US$12.7 billion; deposits of systemically important institutions are approximately US$11.4 billion; and deposits of other banks are approximately US$700 million.