Coinfomania reports another $250 million USDC issuance
A newly reported USDC mint adds to an already large stablecoin supply while the broader crypto market remains subdued.
A newly reported USDC mint adds to an already large stablecoin supply while the broader crypto market remains subdued. USDC (USDC) is trading at ₹94.11 ($0.9997). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Sat, 07 Nov 2026 04:45:01 UTC.
The issuance expands available USDC liquidity, making the dollar-backed stablecoin more relevant to trading, settlement and other crypto-market activity. Its significance is clearer against the wider market, where extreme fear and subdued asset prices currently dominate sentiment.
- Coinfomania reported a $250 million USDC mint
- Verified USDC circulating supply stands at $70.56 billion
- USDC trades near $1 with little movement over 24 hours and seven days
- Crypto market sentiment remains at 25, labelled Extreme Fear
- Circle Reports 30% USDC Growth on Kraken, EURC Trading Nears $1 Billion
- Coinfomania reports another $250 million USDC issuance — this brief
Coinfomania reports that the
USDC Treasury minted $250 million in USDC, adding to the stablecoin’s available liquidity. The report characterizes the issuance as a development that could influence the broader crypto market, but provides no transaction details, distribution information or timing beyond the reported mint amount.
On-chain data from DeFiLlama places USDC’s circulating supply at $70.56 billion, providing broader context for the reported $250 million issuance. The newly minted amount therefore represents a comparatively small addition to the existing stock of USDC rather than a new high for the stablecoin.
Live market data show USDC at $0.999773, up 0.04% over 24 hours and down 0.01% over seven days. Its reported market capitalization is $70.38 billion, close to DeFiLlama’s circulating-supply figure and consistent with USDC continuing to trade around its $1 reference level. No material price reaction accompanied the issuance in the supplied market snapshot.
The broader crypto market remains flat, with total market capitalization at $2.62 trillion.
Bitcoin is down 0.20% over 24 hours, while the Fear & Greed index stands at 25, classified as Extreme Fear. The issuance adds dollar-denominated liquidity against that subdued backdrop, although the supplied information does not establish where the new USDC was deployed or whether it changed market trading conditions.
Since this brief published about 5 hours ago, USDC (USDC) has moved from ₹94.12$0.9998 to ₹94.11$0.9997 — -0.01%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₹98.93 (about $0.9997), up 0.0% over 24 hours. The rupee itself trades about 5.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 7, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Coinfomania reports another $250 million USDC issuance — questions & answers
How much USDC was reportedly minted?
Coinfomania reports that the USDC Treasury minted $250 million in USDC. No other outlet provided corroborating coverage in the supplied material.
What is the current USDC circulating supply?
DeFiLlama’s verified on-chain figure puts USDC circulating supply at $70.56 billion. USDC’s live market capitalization is $70.38 billion.
How is USDC trading and what is market sentiment?
USDC trades at $0.999773, up 0.04% over 24 hours and down 0.01% over seven days. The broader Fear & Greed index is 25, indicating Extreme Fear.
How much is 1 USDC worth in rupee today?
About ₹98.93 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9997. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.