Stablecoin News: Circle Is Minting Billions in USDC While Crypto Recovers

BitcoincomNews · 2026-03-16T09:51:16+00:00

Circle has minted $8 billion in USDC amid a crypto downturn, leading to USDC surpassing USDT in adjusted transaction volume for the first time since 2019. The stablecoin market cap has exceeded $300 billion as Bitcoin experiences an 8% weekly gain.

BitcoincomNews

2026-03-16 09:51:16

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Story Highlights* Circle minted $8 billion in USDC during the crypto downturn.

USDC has overtaken USDT in adjusted transaction volume for the first time since 2019.
Stablecoin market cap has crossed $300 billion as Bitcoin posts 8% weekly gains.

BTC2.83%

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