Odaily Planet Daily reports that over the seven days ending September 3, Circle issued approximately $11 billion in USDC and redeemed approximately $10.4 billion in USDC, bringing the total circulating supply of USDC to $74.6 billion. Reserves totaled approximately $74.5 billion, including about $49.6 billion in overnight reverse repurchase agreements on U.S. Treasuries, about $14.5 billion in U.S. Treasuries with maturities of less than three months, about $9.6 billion in deposits at systemically important institutions, and approximately $800 million in other bank deposits.
USDC circulation increases by $600M in 7 days, total reserves at $74.5B
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Discussions on MiCA (EU Markets in Crypto-Assets Regulation) continue as USDC circulation increased by $600 million in one week, reaching 7.46 billion tokens as of September 5, 2026. Circle issued 11 billion and redeemed 10.4 billion USDC during the period. Total reserves reached $74.5 billion, comprising $49.6 billion in overnight reverse repos, $14.5 billion in U.S. Treasuries, $9.6 billion in deposits at systemically important banks, and $0.8 billion in other deposits. Liquidity and crypto markets remain closely monitored amid regulatory developments.
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