• Circle reports that approximately $61.24 billion USDC is in circulation as of June 12, 2025. • USDC—fully backed by cash reserves and short-term treasury securities, with regular monthly audits.
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🚀 Expansion of integrations and multichain • On June 12, USDC became available on the XRP Ledger (XRPL), which opens up new opportunities for payments and DeFi without the need for bridges . • On June 11, support for native USDC and CCTP V2 was introduced on World Chain, improving inter-network interaction . • On June 17, USDC Treasury conducted a migration: approximately 69.8 million USDC were destroyed on Solana and reissued on Ethereum — a standard cross-chain operation via CCTP.
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📈 State of the stablecoin and reserves
• Circle reports that approximately $61.24 billion USDC is in circulation as of June 12, 2025.
• USDC—fully backed by cash reserves and short-term treasury securities, with regular monthly audits.
⸻
🚀 Expansion of integrations and multichain
• On June 12, USDC became available on the XRP Ledger (XRPL), which opens up new opportunities for payments and DeFi without the need for bridges .
• On June 11, support for native USDC and CCTP V2 was introduced on World Chain, improving inter-network interaction .
• On June 17, USDC Treasury conducted a migration: approximately 69.8 million USDC were destroyed on Solana and reissued on Ethereum — a standard cross-chain operation via CCTP.