USDC added +700 million over the week. The crypto market slightly rose, but did not stand up.
According to Circle:
- Issued ≈ 3.3 billion USDC
- Redeemed ≈ 2.6 billion
- Net increase — 700 million
— now in circulation 62.7 billion with reserves ≈ $62.9 billion (cash — $9.2 billion, the rest — in the fund).
It seems the market decided: "Since the stablecoin is rising — someone must have started buying." But looking at the charts — the enthusiasm is like that of USDC: stable, moderate, without drama.
This replenishment resembles a shout in a library: formally loud, but essentially — silence.
Analysts whisper: OTC is coming to life, DeFi is breathing, and institutions are moving.
Traders simply ask: "Is this Tether's flippening or just Circle's morning workout?
