Circle’s USDC Sees $2 Billion Change in Circulation Over the Last 7 Days

HKAN | Sep 7

Circle’s popular stablecoin, USD Coin (USDC), has recorded a significant $2 billion change in circulation over the past 7 days, according to the latest on-chain data. This sharp shift highlights growing activity in the stablecoin market, where traders and institutions increasingly rely on stable assets to hedge against volatility.

The change in USDC’s supply comes at a time when demand for stablecoins is climbing across centralized exchanges, decentralized finance (DeFi) protocols, and cross-border payment systems. As one of the largest dollar-backed stablecoins, USDC plays a critical role in crypto liquidity and settlement.

Market analysts suggest that a multi-billion-dollar shift in USDC’s circulation could reflect capital inflows into the crypto ecosystem, large-scale institutional movements, or growing adoption in payment use cases.

With stablecoins serving as a backbone for trading pairs, lending platforms, and DeFi activity, the recent surge in USDC circulation is expected to draw close attention from both investors and regulators in the coming weeks.