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USD Coin supply drops $1.5B in 30 days amid rising transaction volume and stablecoin liquidity tightening

Market News
08 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

USD Coin's circulating supply decreased by $1.5 billion from $73.3 billion to $71.8 billion over just five weeks, with a sharp $1 billion drop in a single week during late July and early August. Despite this contraction, USDC's on-chain transaction volume surged 151% year-over-year, reaching $14.8 trillion in Q2 2026. Circle, the issuer, reported record revenue of $701 million in Q2 2026, benefiting from reserve income while maintaining full backing of USDC supply with cash and short-term Treasuries. The company also extended its Coinbase partnership and secured regulatory approvals, positioning itself well amid evolving stablecoin regulations.

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FLOW crypto investors urged to join class action over alleged misleading info by Flow Foundation

FLOW crypto investors urged to join class action over alleged misleading info by Flow Foundation

The Rosen Law Firm is investigating claims that the Flow Foundation provided misleading business information to FLOW cryptocurrency investors. Investors who bought FLOW on or before December 27, 2025, and held it through December 29, 2025, may be eli...

Market News
Bearish
47 minutes ago
Yili hosts sustainability forum at World Dairy Conference, shaping post-2030 dairy industry future.

Yili hosts sustainability forum at World Dairy Conference, shaping post-2030 dairy industry future.

Yili Group held a sustainability forum on August 2, 2026, during the World Dairy Industry Conference in Hohhot, China, gathering over 200 global leaders to discuss sustainable development in dairy farming beyond 2030. The event highlighted Yili's lea...

Market News
Bullish
4 hours ago
Yili hosts global dairy sustainability forum, driving post-2030 green industry goals.

Yili hosts global dairy sustainability forum, driving post-2030 green industry goals.

Yili Group organized a Sustainability Forum during the 2026 World Dairy Industry Conference in Hohhot, China, gathering over 200 international leaders to promote sustainable development in the dairy sector beyond 2030. The event highlighted Yili's le...

Market News
Bullish
4 hours ago
Vanguard's VOO ETF hits $1T assets, beating SPY with lower fees and better dividend reinvestment.

Vanguard's VOO ETF hits $1T assets, beating SPY with lower fees and better dividend reinvestment.

The Vanguard S&P 500 ETF (VOO) has reached $1.03 trillion in assets, becoming the first ETF to cross the trillion-dollar mark while charging just 0.03% in fees, significantly lower than the SPDR S&P 500 ETF Trust (SPY) which charges 0.0945%. SPY, the...

Market News
Bullish
4 hours ago
SPSM ETF offers cheaper, more profitable small-cap exposure than IWM with better long-term returns.

SPSM ETF offers cheaper, more profitable small-cap exposure than IWM with better long-term returns.

The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) provides a lower-cost alternative to the iShares Russell 2000 ETF (IWM) for U.S. small-cap exposure. SPSM tracks an index that requires companies to be profitable, excluding unprofitable firms common in...

Market News
Bullish
4 hours ago
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