According to CoinMeta, based on the official data from Circle, within a 7-day period ending August 27th, Circle issued approximately 11.2 billion USDC, and redeemed about 10.2 billion USDC. As a result, the net increase in circulation was around 1 billion USDC. The total circulation of USDC is about 73.7 billion, with a total reserve asset value of around 74 billion US dollars. This includes approximately 49.6 billion US dollars in overnight reverse repurchases of US Treasury bonds, about 13.2 billion US dollars in US Treasury bonds with a maturity of less than 3 months, about 10.5 billion US dollars in deposits from systemically important financial institutions, and about 700 million US dollars in deposits from other banks.