USDC Circulation Surges $2 Billion in a Week Amid Strong Market Demand
Circle's USDC stablecoin supply expanded by $2 billion within seven days, pushing total circulation to 72.5 billion tokens. The rapid growth stems from heightened minting activity, signaling robust demand across cryptocurrency markets.
With $72.6 billion in reserves backing all circulating USDC, Circle demonstrates continued stability in the stablecoin sector. This acceleration underscores USDC's growing prominence as a cornerstone of digital finance infrastructure.