USDC Circulating Supply Surges 100M Tokens Amid $5.4B Weekly Issuance

Circle issued $5.4B USDC against $5.3B redemptions in seven days, netting 100M token growth. Total supply hits 71.9B with $72.6B reserves.

Woofun AI data shows that Circle Internet Group issued approximately 5.4 billion USDC and redeemed around 5.3 billion USDC over the seven days ending August 13. This activity resulted in a net increase of about 100 million tokens in circulation. The total USDC supply stands at 71.9 billion tokens, backed by reserves totaling roughly $72.6 billion. Reserve composition includes $47.7 billion in overnight reverse Treasury repo transactions, $13.5 billion in short-term Treasury bonds, $10.2 billion in deposits at systemically important institutions, and $1.2 billion in other bank deposits.