USDC Circulation Surges by 400 Million in Recent Week

Circle recently saw a notable increase in USDC circulation, according to official data released by PANews. During the week ending October 2, 2025, Circle issued approximately 6.8 billion USDC and redeemed around 6.4 billion USDC, resulting in a net increase of roughly 400 million USDC in circulation. The total circulating supply of USDC now stands at 74.2 billion USD, with reserves amounting to about $74.3 billion. These reserves encompass approximately $9.9 billion in cash and $64.5 billion held within the Circle Reserve Fund.