Circle's USD Coin (USDC) circulation decreased by about 500 million tokens, or 0.7%, in the week ending October 15, with redemptions totaling $11.4 billion surpassing new issuance of $10.9 billion. Circulation stood at 72.5 billion USDC, down from 73 billion the previous week. Reserves backing USDC slightly exceeded circulation at $72.7 billion, including Treasury securities and deposits at major institutions. This modest decline follows a larger drop the prior week and reflects ongoing market activity balancing issuance and redemption of the stablecoin.
USD Coin (USDC) circulation data provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 17, 2026 18:01 WIB: out of 50 major cryptocurrencies, 9 rose and 40 fell today. Notable movers include EOS at Rp12.649 with a 1-day change of +8.13%, SAND at Rp1.059 with a 1-day change of +7.28%, and ALGO at Rp2.025 with a 1-day change of -5.42%.
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