💵 USDC just got a serious injection — +700 million added to circulation last week alone!

Circle minted ~3.3B $USDC and redeemed ~2.6B, bringing total circulation to 62.7B. Backed by ~$62.9B in reserves, with $9.2B in cold, hard cash and $53.7B in the Circle Reserve Fund.

That’s a lot of stablecoin stability. 😅

This kind of growth often signals rising demand — but is it traders preparing for action, or institutions parking cash on-chain?

What do you think is driving this USDC surge?

Let’s chat below. ⬇️

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