Circle minted $677 million in USDC in three hours, sparking market hype
Source: CoinWorld
Time: 2025-09-13 05:22:16
Circle issued a new USDC token worth more than $677 million today, sparking speculation from the community about its potential bullish signal. The move is consistent with the company’s model of issuing more than $1 billion in new USDC over the past week, and is seen as an increase in liquidity amid a 20% increase in 24-hour trading volume. Some believe it is preparing for growth, but others point out that this is consistent with Circle’s recent decline in share prices and upcoming regulatory requirements.