Official PANews data from August 9 shows Circle issued 4.9 billion USDC and redeemed 4.2 billion over 7 days, raising total circulation and reserve levels to $64.7 billion.
According to PANews data dated August 9, Circle issued approximately 4.9 billion USDC and redeemed around 4.2 billion over the past week, resulting in an 800 million coin net increase. The circulating USDC supply now stands at 64.6 billion, while reserves are valued at about $64.7 billion, which includes $9 billion in cash and $55.8 billion held by the Circle Reserve Fund.