according to official data, in the 7 days ending on September 4th, Circle issued approximately 5.9 billion USDC, redeemed approximately 3.8 billion USDC, and the circulation increased by approximately 2 billion coins. The total circulation of USDC is 72.5 billion coins, with a reserve of approximately 72.6 billion US dollars, of which approximately 9.4 billion US dollars are in cash, and the Circle Reserve Fund holds approximately 63.2 billion US dollars.