Circle Expands USDC Supply Again, with Total Issuance Exceeding 10 Billion in a Month
According to Odaily Planet Daily citing Lookonchain data, Circle has just minted 500 million USDC. Thus, in the past month, the cumulative issuance of USDC has surged to an astonishing 10 billion.
This wave of continuous minting actions shows that the market's demand for compliant stablecoins is rapidly heating up. With more institutions entering the market, cross-chain liquidity demands expanding, and the use cases for stablecoins in payments and on-chain settlements continuously growing, Circle's pace of issuance has become increasingly proactive.
The changes in the supply of USDC have always been seen as a key indicator for observing the flow of crypto funds, and this rapid expansion may suggest that the market is welcoming a new round of capital inflow or a recovery in on-chain activity.
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