Brace yourselves, crypto fam โ something big is happening with $USDC . In the first week of December, the creators at Circle pumped out a massive 8.2 billion $USDC while only redeeming 6.2 billion. Thatโs a net boost of 2 billion USDC hitting the streets in just seven days. ๐ฅ
That explosion takes total USDC circulation to a hefty 78 billion, all backed by $78.1 billion in reserves โ rock-solid, unshakeable, and ready to fuel the next leg up. ๐ช
Hereโs how those reserves stack up:
๐ผ $46B parked in overnight reverse repos
๐บ๐ธ $21.6B locked in short-term U.S. Treasury bills
๐ฆ $9.9B resting at top-tier financial institutions
๐ง ~$600M in additional bank deposits
This isnโt just growth โ this is a signal. A signal that trust is coming back, liquidity is surging, and USDC is back in the spotlight. If youโve been watching the stablecoin space, nowโs the moment to pay attention. Because when the stablecoin engine revs up โ the whole crypto world feels it. ๐โจ
Letโs ride this wave together. The next chapter is being written โ and it looks bright. โก
#USDCOnFire #StablecoinSurge #CryptoComebacks #CircleUSDC #LiquidityRush
