Circle Mints has released its largest amount of USDC since late 2025, totaling 750 million USDC

According to on-chain data, Circle has issued an additional 750 million USDC, signaling increasing demand for dollar liquidity in the digital asset market, a release that comes at a time when the cryptocurrency market is experiencing significant volatility.

2/3/20262 min read

Why is Circle printing money at this time?

Circle Internet Financial — the second-largest stablecoin issuer by market capitalization — issued 750 million USDC on the Ethereum and Solana networks in the past 24 hours, according to on-chain data from Etherscan , Solscan , and Circle's official transparency dashboard. This is the largest single-day issuance since the massive $1 billion issuance in Q4 2025 and brings the total circulating supply of USDC to approximately $78.6–$79.1 billion (depending on the number of concurrent burns).

  • 500 million USDC has been created at the Circle Treasury address (0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48)

  • Multiple tranches, each ranging from 100 to 250 million USDC , began early on February 3rd UTC.

Funds were primarily channeled to institutional liquidity pools (Uniswap V3, Curve, Aerodrome on Base) , hot wallets of centralized exchanges (Binance, Coinbase, Kraken) , and DeFi protocols (Aave, Compound, Morpho) — indicating strong user demand.

Market liquidity layer

During periods of market volatility or transition, the supply of stablecoins tends to increase as investors shift from volatile assets to cash-like instruments without leaving the cryptocurrency ecosystem. USDC, in particular, is widely used for spot trading, derivatives margin trading, DeFi collateral, and cross-border payments.

The issuance of $750 million strengthens USDC's role as a core digital dollar infrastructure, particularly for regulated organizations that prioritize transparency and compliance.

Implications for DeFi and blockchain operations

Capital flows driven by individual investors typically manifest as gradual changes in the circulating supply. In contrast, $750 million issuances are almost always institutionally led, involving exchanges, market makers, or funds preparing for large-volume trading.

This reinforces the view that institutional participation remains active—even during downturns—and that cryptocurrency markets continue to function as global liquidity hubs, priced in dollars.

An influx of USDC could support increased on-chain activity, particularly in the lending market, DEX liquidity pools, and crypto asset payments. Historically, increases in stablecoin supply have preceded surges in trading volume and volatility, as reserve capital returns to the market.

Assessment and Conclusion

The issuance of 750 million USDC is a clear indication that strong, multi-channel demand is returning after the late January correction. Institutions (ETFs, treasuries), DeFi protocols, and emerging market users are once again accumulating USDC — reinforcing its role as the preferred stablecoin for regulatory-compliant flows. For Circle, this is normal business in the post-GENIUS world, with large issuances following large demand. For the broader market, this is further confirmation that stablecoin supply serves as a leading indicator of risk appetite — when USDC issuance surges, risk assets often follow suit.

Disclaimer: The information presented in this article is the author's personal opinion in the field of cryptocurrency. This is not financial or investment advice. All investment decisions should be based on careful consideration of your personal portfolio and risk tolerance. The views expressed in this article do not represent the official stance of the platform. We recommend that readers conduct their own research and consult with experts before making any investment decisions.

Compiled and analyzed by HCCVenture

Follow HCCVenture here: https://link3.to/holdcoincventure