USDC Circulation Surges to 75.2 Billion in One Week
The USD Coin (USDC) circulation has reached a new milestone of 75.2 billion tokens in just one week, as issuance exceeded redemptions and reserve assets totaled $75.5 billion.
According to the latest data, about 11.4 billion USDC were issued during the period, while roughly 9.9 billion were redeemed. This difference increased USDC circulation by approximately 1.5 billion tokens.
The latest figure marks an increase from the 74.6 billion USDC circulation recorded in the previous seven-day period, when reserves totaled about $74.8 billion.