PANews, May 16: According to official data, over the seven days ending May 14, Circle issued approximately $5.4 billion in USDC and redeemed approximately $7.1 billion in USDC, resulting in a net reduction of about $1.7 billion in circulating supply. The total circulating supply of USDC is $76.5 billion, with reserves totaling approximately $76.7 billion, including approximately $48.3 billion in overnight reverse repurchase agreements on U.S. Treasuries, approximately $16.1 billion in U.S. Treasuries with maturities under three months, approximately $11.9 billion in deposits at systemically important institutions, and approximately $500 million in other bank deposits.
USDC circulation decreases by $1.7 billion in 7 days
PANewsShare
Summary
The Fear and Greed Index dipped slightly as USDC circulation decreased by $1.7 billion over the week. From May 7 to May 14, 2026, Circle issued $5.4 billion and redeemed $7.1 billion, leaving $76.5 billion in circulation. Reserves totaled $76.7 billion as of May 14. Traders are monitoring altcoins amid shifting stablecoin flows.
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