Techub News reported that according to Circle's website data, from July 25 to July 31 Eastern Time, Circle issued approximately 5.4 billion USDC and redeemed about 6.4 billion USDC, resulting in a net decrease in circulation of approximately 1.1 billion USDC. As of July 24, the total circulation of USDC was approximately 63.9 billion, with reserves of about 64.2 billion dollars.