PANews, August 29: According to official data, over the seven days ending August 27, Circle issued approximately $11.2 billion in USDC and redeemed approximately $10.2 billion in USDC, resulting in a net increase of about $1 billion in circulation. The total circulating supply of USDC is $73.7 billion, with reserves totaling approximately $74 billion, comprising approximately $49.6 billion in overnight reverse repurchase agreements on U.S. Treasuries, approximately $13.2 billion in U.S. Treasuries with maturities of less than three months, approximately $10.5 billion in deposits at systemically important institutions, and approximately $700 million in other bank deposits.
USDC circulation increases by $1 billion in 7 days
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Summary
Crypto news from PANews reveals that USDC circulation increased by 1 billion tokens in one week, from August 20 to 27, 2026. Circle issued 11.2 billion and redeemed 10.2 billion during this period. Total supply now stands at 73.7 billion tokens, backed by $74 billion in reserves, including $49.6 billion in overnight reverse repos, $13.2 billion in short-term U.S. Treasuries, $10.5 billion in deposits at systemically important banks, and $0.7 billion in other bank deposits. The latest inflation data underscores sustained demand for the stablecoin.
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