[Chain News] Circle’s Latest Weekly Data is Explosive—USDC Net Issuance Soars by 2 Billion!
Here’s a closer look: In the 7 days leading up to December 4, about 8.2 billion USDC were newly minted, while 6.2 billion were redeemed and burned. This move pushed the market circulation to a new high of 78 billion USDC.
Even more crucial is the reserve composition: Circle holds $78.1 billion in real assets as backing. How is this money allocated? The majority is placed in overnight reverse repos ($46 billion), plus short-term Treasury bills ($21.6 billion, all maturing within three months). The remainder is spread across systemically important institution deposits ($9.9 billion) and other bank accounts (about $600 million).
From this reserve structure, it’s clear that Circle is playing it pretty safe—over 70% of assets are invested in near-zero-risk instruments like Treasuries and reverse repos. The $2 billion weekly net increase shows that demand for compliant stablecoins remains strong.
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GreenCandleCollector
· 12-06 04:32
Is it for real, 2 billion in a week? Circle is really stockpiling...
Feels like the stablecoin sector is indeed warming up a bit; with $46 billion in Treasury backing, this is definitely a conservative move.
Wait, 78 billion USDC in circulation... that number is a bit scary, does the market really need that much?
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SocialFiQueen
· 12-06 04:31
78 billion USDC? Bro, you're really going all in this time. Stacking up that much in treasuries is even more solid than my own wallet.
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BridgeJumper
· 12-06 04:23
Sounds like Circle is playing the long game, putting $46 billion into reverse repo... that's rock solid.
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$78 billion USDC in circulation, net increase of $2 billion in just a week. No wonder compliant stablecoins are so popular.
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Over 70% of assets piled into government bonds? No wonder it's so stable, though it's a bit boring, haha.
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$8.2 billion newly minted, $6.2 billion burned—this move shows some finesse, not just mindless money printing.
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$78.1 billion in backing, feels richer than some public blockchains...
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The combo of government bonds and reverse repo is almost zero risk, but the returns are low too. Circle is definitely choosing the safe route.
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With such strong market demand for stablecoins, no wonder USDC is expanding so rapidly.
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MidnightSnapHunter
· 12-06 04:13
Going all-in on 46 billion in government bonds—this guy is seriously conservative, even more cautious than me just holding crypto.
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ser_we_are_ngmi
· 12-06 04:08
78 billion USDC in circulation, it's really getting hard to hold on. Circle is playing their cards extremely well.
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NftBankruptcyClub
· 12-06 04:06
The pile-up of government bonds is so aggressive, it almost feels a bit too stable. But then again, playing it this way does minimize risk.
Circle's USDC Surges by $2 Billion in One Week! Reserve Structure Revealed for the First Time: $46 Billion Invested in Treasury Bonds
[Chain News] Circle’s Latest Weekly Data is Explosive—USDC Net Issuance Soars by 2 Billion!
Here’s a closer look: In the 7 days leading up to December 4, about 8.2 billion USDC were newly minted, while 6.2 billion were redeemed and burned. This move pushed the market circulation to a new high of 78 billion USDC.
Even more crucial is the reserve composition: Circle holds $78.1 billion in real assets as backing. How is this money allocated? The majority is placed in overnight reverse repos ($46 billion), plus short-term Treasury bills ($21.6 billion, all maturing within three months). The remainder is spread across systemically important institution deposits ($9.9 billion) and other bank accounts (about $600 million).
From this reserve structure, it’s clear that Circle is playing it pretty safe—over 70% of assets are invested in near-zero-risk instruments like Treasuries and reverse repos. The $2 billion weekly net increase shows that demand for compliant stablecoins remains strong.