Crypto Briefing October 31, 2026

Circle redeems roughly $11.7 billion in USDC as supply slips to $70 billion

Circle redeems roughly $11.7 billion in USDC as supply slips to $70 billion

Circle's USDC supply decline may impact its revenue, as reduced circulation limits interest income from reserves, affecting shareholder confidence.

The post Circle redeems roughly $11.7 billion in USDC as supply slips to $70 billion appeared first on Crypto Briefing.

You might also like

Trump era spurs $1.5T US M&A surge, SpaceX buys x…
Nov 08, 2026 Read
OpenAI, Anthropic reveal new AI models, products …
Nov 08, 2026 Read
CoreWeave says it will self-fund grid costs for i…
Nov 08, 2026 Read
Web3Auth disputes $6.01 million Keplr theft estim…
Nov 08, 2026 Read