According to official data, over the 7-day period ending April 16, Circle issued approximately $5.9 billion in USDC and redeemed approximately $5.5 billion in USDC, resulting in a net increase of about $400 million in circulation. The total circulating supply of USDC is $78.6 billion, with reserves totaling approximately $78.8 billion, comprising about $46.3 billion in overnight repurchase agreements, $20.9 billion in U.S. Treasury securities with maturities of less than three months, $11 billion in deposits at systemically important institutions, and $600 million in other bank deposits.
USDC circulation increases by $400M in 7 days, total supply reaches $7.86B
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Summary
On-chain data shows USDC circulation increased by $400 million in one week, reaching $7.86 billion as of April 16, 2026. Circle issued $5.9 billion and redeemed $5.5 billion during the period. Total reserves now stand at $78.8 billion. This update is trending in top crypto news circles as market participants monitor stablecoin movements.
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