USDC stablecoin circulation decreased by about 800 million tokens over the week ending October 29, with Circle redeeming more USDC than it issued. During this period, Circle issued approximately 10.9 billion USDC but redeemed around 11.7 billion, reducing total circulation to 70 billion tokens. USDC reserves stood at about $71.4 billion, including holdings in Treasury repurchase agreements, short-term Treasury securities, and deposits at major financial institutions. This shift reflects ongoing adjustments in the stablecoin market and could impact liquidity and investor confidence going forward.
USDC stablecoin circulation data provides context for readers. As of Oct 31, 2026 13:41 WIB, 31 of 50 major cryptocurrencies on Pluang rose while 18 fell. Notable movers include SNX at Rp3.383 with a 3.27% increase and 98% sell order activity, UNI at Rp127.726 with a 3.24% rise and 64% buy orders, and FIL at Rp15.644 with a 3.07% gain and balanced buy/sell activity.
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