PANews, September 5: According to official data, over the seven days ending September 3, Circle issued approximately $11 billion in USDC and redeemed approximately $10.4 billion in USDC, resulting in a net increase of about $600 million in circulation. The total circulating supply of USDC is $74.6 billion, with reserves totaling approximately $74.5 billion, comprising approximately $49.6 billion in overnight reverse repurchase agreements on U.S. Treasuries, approximately $14.5 billion in U.S. Treasuries with maturities under three months, approximately $9.6 billion in deposits at systemically important institutions, and approximately $800 million in other bank deposits.
USDC circulation increases by $600 million in 7 days
PANewsShare
Summary
According to PANews, between August 30 and September 3, 2026, Circle issued 11 billion USDC and redeemed 10.4 billion USDC, resulting in a net increase of 600 million in circulation. The total supply now stands at 74.6 billion, backed by $74.5 billion in reserves, comprising $49.6 billion in overnight reverse repos, $14.5 billion in short-term U.S. Treasuries, $9.6 billion in deposits at systemically important banks, and $800 million in other bank deposits. As MiCA (EU Markets in Crypto-Assets Regulation) approaches, liquidity and crypto markets remain under close scrutiny.
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