USDC Treasury Mints $250 Million to Address Rising Demand
The USDC Treasury has minted $250 million in new tokens to meet growing market demand.
The USDC Treasury has minted $250 million in new tokens to meet growing market demand. USDC (USDC) is trading at $0.9997. This is an original TLT brief based on reporting by Coinfomania, with live market data added, as of Tue, 13 Oct 2026 00:15:02 UTC.
This significant minting could impact USDC's circulating supply and overall market liquidity, especially given the stablecoin's role in DeFi and crypto trading.
- USDC Treasury minted $250 million in new tokens.
- USDC circulating supply now stands at $72.88 billion.
- Move aims to address rising demand for the stablecoin.
The 
USDC Treasury has minted $250 million in new tokens, according to Coinfomania. This move is intended to address the growing demand for the stablecoin in the market.
The minting event has contributed to an increase in USDC's circulating supply, which now stands at $72.88 billion according to DeFiLlama. This figure reflects the stablecoin's significant role in the broader crypto ecosystem.
While the exact reasons for the increased demand are not specified, it likely relates to USDC's use in decentralized finance (DeFi) platforms and crypto trading activities. The stablecoin's market cap is currently $72.79 billion.
This development comes amidst a period of market volatility, with the total crypto market cap at $2.84 trillion and 
Bitcoin experiencing a 24-hour decline of 1.99%. The Fear & Greed Index remains at 69, indicating a state of 'Greed' among investors.
The minting of new USDC tokens could have implications for market liquidity and stability. Investors and traders should monitor how this additional supply is absorbed by the market and whether it affects the stablecoin's price stability.
Since this brief published about 2 hours ago, USDC (USDC) has moved from $0.9997 to $0.9997 — -0.00%.
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 TLT'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 ≈ ₦1,366.11 (about $0.9997), up 0.0% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian 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 · October 12, 2026.
TLT 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.
USDC Treasury Mints $250 Million to Address Rising Demand — questions & answers
Why did the USDC Treasury mint $250 million?
To meet rising demand for the stablecoin in the market.
How does this affect USDC's circulating supply?
USDC's circulating supply has increased to $72.88 billion.
What is the significance of this minting event?
It could impact market liquidity and USDC's role in DeFi and trading.
How much is 1 USDC worth in naira today?
About ₦1,366.11 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9997. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.
Which outlets reported this story?
This is an original TLT 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 TLT 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.