USD Coin sees 17.40 million USD flow on October 23: What it means for the USDC price

Published on 10/23/2026 at 18:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Circle reports 71.9 billion USDC in circulation as of October 19. The USDC price stands at 1.0010 USD on October 23, 2026.

Stablecoin flows and oversight

USDC recorded a 17.40 million USD flow into cryptocurrencies in a snapshot captured on October 23, 2026.
Circle reported 71.9 billion USDC in circulation as of October 19, 2026.
The USDC price stands at 1.0010 USD as of October 23, 2026, at the dollar peg.
Circle supports USDC on 38 blockchain networks as of September 16, 2026.

USDC, XCRYPTOUSDC0, Illustration mit AI erstellt.

USDC (USDC) recorded a 17.40 million USD flow into cryptocurrencies in a snapshot captured at 12:21 UTC on October 23, 2026, according to TokenPost. The USDC price stands at 1.0010 USD as of October 23, 2026, near its dollar peg.

USDC flow reaches 17.40 million USD

The TokenPost report said 17.40 million USD in USDC moved into cryptocurrencies in the October 23 snapshot. It also reported that 1.43 million USD moved into USDC, while 35.22 million USD flowed into USDT. The figures describe 24-hour cryptocurrency flows supplied by Cryptometer, rather than a change to USDC issuance or redemption.

Circle's project page reported 71.9 billion USDC in circulation as of October 19, 2026. The issuer describes USDC as redeemable one-for-one for US dollars and backed by cash and cash-equivalent assets, according to Circle.

MiCA oversight starts November 12

The European Banking Authority classified USDC as the first significant e-money token among 45 tokens notified under the Markets in Crypto-Assets Regulation on October 14, 2026, according to Lowenstein Sandler. Direct EBA supervision of the issuer's own funds, reserves, liquidity and recovery and redemption plans begins on November 12, 2026, while France's ACPR keeps oversight of governance and related corporate matters.

The same October 15 brief said the Financial Stability Board raised concerns on October 12, 2026, about pseudonymous cross-border stablecoin activity and the link between reserves, holders and legal protections. The report said the stablecoin market stood at 300 billion USD in mid-2026, with 99 percent pegged to the U.S. dollar.

USDC market data stays near the peg

According to Investing.com, USDC trades at 1.0010 USD as of October 23, 2026. The daily high is 1.0010 USD and the daily low for the UTC day is 1.0009 USD. Market capitalization is 72.15 billion USD, ranking USDC sixth, while 24-hour volume is 14.05 billion USD. Circulating supply is 72.16 billion USDC. The USDC price remains close to the 1.00 USD target.