PANews, September 25: According to official data, over the seven days ending September 21, Circle issued approximately $10.1 billion in USDC and redeemed approximately $9.8 billion in USDC, resulting in a net increase of about $300 million in circulation. The total circulating supply of USDC is $74.6 billion, with reserves totaling approximately $74.8 billion, comprising approximately $41.2 billion in overnight reverse repurchase agreements on U.S. Treasuries, approximately $26.5 billion in U.S. Treasuries with maturities under three months, approximately $5.9 billion in deposits at systemically important institutions, and approximately $1.2 billion in other bank deposits.
USDC circulation increases by $300 million in 7 days
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Summary
Crypto news: Between September 14 and 21, 2026, Circle issued $10.1 billion in USDC and redeemed $9.8 billion, increasing circulation by $300 million. Total supply now stands at $74.6 billion, backed by $74.8 billion in reserves, including $41.2 billion in overnight reverse repos, $26.5 billion in short-term Treasuries, $5.9 billion in deposits with systemically important banks, and $1.2 billion in other bank deposits. Cryptocurrency news outlets such as PANews reported the update.
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