USDC Weekly Data Overview: 500 million new tokens in circulation, reserve structure updated

【Crypto World】Circle’s latest official data shows that USDC’s market liquidity has remained active over the past week (up to December 11). Specifically, approximately 5.8 billion new tokens were issued, while about 5.3 billion tokens were redeemed during the same period, resulting in a net increase of approximately 500 million in circulation.

As of now, the total circulation of USDC has reached 78.5 billion tokens. On the reserve side, Circle maintains sufficient asset backing—total reserves amount to approximately $78.7 billion, primarily composed of overnight reverse repurchase agreements totaling about $49.7 billion; short-term government bonds within 3 months amount to approximately $18.5 billion; systemically important institutional deposits are about $9.6 billion; and other bank deposits total around $900 million.

From this data, it can be seen that USDC’s reserve structure mainly consists of highly liquid, low-risk assets. The combination of overnight repos and short-term government bonds provides a solid foundation for the stablecoin’s value anchoring. Both the issuance scale and reserve transparency reflect the increasing demand for asset safety in the stablecoin market.