05/23/2026
đ
Latest update: $USDC circulation increased by around $400 million in the last 7 days, according to new market data released today. Circle reportedly minted about 8.1B USDC and redeemed nearly 7.7B $USDC, bringing total circulating supply close to $76.9B.
Key points:
Stablecoin demand is still growing across crypto markets.
More USDC liquidity is moving into chains like Solana, Ethereum, and Polygon.
Analysts say rising $USDC supply often signals fresh capital entering crypto trading and DeFi markets.
Institutional usage of $USDC continues increasing in 2026.
Market impact:
Bullish for altcoins and overall crypto liquidity.
Positive sign for DeFi activity and on-chain trading volume.
Traders are watching whether this new liquidity flows into $BTC and major altcoins next.
Recent reports also show strong growth in cross-chain $USDC transfers after Circle expanded infrastructure support across multiple blockchains. ăviralăˇ