Post

USDC Supply Drops by $1.3 Billion in One Week



Circle redeemed $12.1 billion worth of USDC while issuing $10.8 billion, resulting in a net supply decrease of $1.3 billion.

This shows that more USDC was withdrawn from circulation than newly issued during the week.

A shrinking stablecoin supply can reflect changing liquidity demand, but it does not automatically signal a bearish crypto market.

The bigger picture is how stablecoin flows evolve in the coming weeks.

#USDC #Circle #CryptoMarket
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USDCUSDC+0.01%
CRCLCRCL-2.53%

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Comment 2
OnChainBanker
A billion-plus contraction in a week isn't neutral data. I'd want to see where those redemptions landed before calling it liquidity noise.
NarrativePumper
So Circle's basically doing a controlled burn while everyone's busy chasing the next dog coin narrative? Love to see it, supply crunch usually means someone's about to tell a very good story.