Techub News reports that, according to data from the Circle website, from August 1 to 7 Eastern Time, Circle issued approximately 4.9 billion USDC and redeemed approximately 4.2 billion USDC, resulting in a net increase in circulation of about 800 million. As of August 7, the total circulation of USDC was approximately 64.6 billion, with reserves of about 64.7 billion dollars.