Circle minted $5 billion USDC in one week, pushing its market cap to $73.88 billion and signaling strong institutional demand for on-chain dollar

Bernstein expects stablecoin adoption to benefit from regulatory clarity, tokenized capital markets, crypto activity and emerging payment use cases.

Circle minted roughly 5 billion USDC in a week, chasing a $150B 2026 target as USDC's supply race with Tether's USDT intensifies.