USDC circulation increases by $1 billion in 7 days

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Crypto news: USDC circulation reached $73.7 billion as of August 27, 2026, with total reserves at $74 billion. The stablecoin maintained its 1:1 dollar redemption mechanism. Over the past seven days, USDC issued $11.2 billion and redeemed $10.2 billion, adding $1 billion to its circulation. Cryptocurrency news outlets reported the increase, reflecting continued market demand.

According to official reports, as of August 27, 2026, the circulating supply of USDC is $73.7 billion, with total reserves of $74 billion, maintaining a 1:1 USD redemption mechanism. Over the past 7 days, USDC issued $11.2 billion and redeemed $10.2 billion, resulting in a net increase of $1 billion in circulation; over the past 30 days, $33.4 billion was issued and $31.9 billion redeemed, for a net increase of $1.5 billion in circulation. Circle states that USDC reserves are backed by highly liquid cash and cash equivalents, primarily consisting of bank deposits, overnight U.S. Treasury repurchase agreements, and U.S. Treasuries with maturities of three months or less, and are held separately from the company’s operating funds.

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