USDC Circulation Rises 2.6B in a Week as Issuance Outpaces Redemptions

USDC weekly issuance outpaced redemptions, adding about 2.6B to circulating supply and bringing total to roughly 73.1B USDC with reserves around $73.4B.

Rich by Coin

2026-02-15

In the week ending February 12, roughly 8.4 billion USDC were issued and about 5.8 billion USDC were redeemed, lifting the circulating supply by roughly 2.6 billion USDC. As of February 12, the circulating supply stood at about 73.1 billion USDC. Reserve assets were around $73.4 billion.

USDC issuance outpaced redemptions in the week ending February 12, lifting the circulating supply by about 2.6 billion USDC. Circle reported about 8.4 billion USDC issued and 5.8 billion redeemed during the period, driving the net increase. As of February 12, the circulating supply stood at roughly 73.1 billion USDC, with reserve assets around $73.4 billion.

The weekly activity highlights the scale of on-chain liquidity supporting USDC users. The figures illustrate ongoing demand for the stablecoin and the importance of reserve management for market confidence. Market participants will watch for continued issuance and redemptions in coming weeks.