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Circle's USDC Circulation Drops 800 Million in Seven Days

COINOTAG·October 31, 2026·1 min read
Circle's USDC Circulation Drops 800 Million in Seven Days

Circle's USDC circulating supply fell by about 800 million tokens in the seven days through October 30, marking a second consecutive week of redemptions outpacing fresh issuance. The dollar stablecoin's shrinkage reflects investors converting USDC back to fiat, reducing the token's market presence as demand wanes.

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