Techub News reports that, according to data from the Circle website, from July 11 to July 17 Eastern Time, Circle issued approximately 7.5 billion USDC and redeemed about 5.7 billion USDC, resulting in a net increase of approximately 1.8 billion in circulation. As of July 17, the total circulation of USDC was approximately 64.5 billion, with reserves of about 64.7 billion dollars.