USDC circulation reaches 71.9 billion on October 19: What it means for the USDC price

Published on 10/26/2026 at 07:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EBA supervision starts November 12, 2026, covering reserves and liquidity. The USDC price is 1.0010 USD on October 26, 2026.

Regulation and circulation data

Circle reported 71.9 billion USDC in circulation on October 19, 2026.
Circle lists support for 38 blockchains on its USDC page.
The USDC price stands at 1.0010 USD as of October 26, 2026.
European Banking Authority supervision begins on November 12, 2026.

USDC, XCRYPTOUSDC0, Illustration mit AI erstellt.

USDC (USDC) circulation stood at 71.9 billion tokens on October 19, 2026, according to Circle. The figure comes as European oversight of the token's reserve and liquidity safeguards approaches a scheduled change on November 12, 2026.

Circle reports 71.9 billion USDC

Circle's USDC page lists 71.9 billion USDC in circulation as of October 19, 2026, and says the token is redeemable one for one for US dollars. It also describes the reserves as cash and cash-equivalent assets, with monthly assurance work by an independent accounting firm. The information concerns the stablecoin's backing and circulation, rather than a change in its dollar target.

Circle says USDC is natively issued on 38 blockchains as of the current project description. The multi-chain structure allows users and businesses to move the token across supported networks, while the reserve information is presented separately from network activity.

MiCA oversight sets a November date

The European Banking Authority classified USDC on October 14, 2026, as the first significant e-money token among 45 e-money tokens notified under the European Union's Markets in Crypto-Assets framework, according to TokenPost. The classification applies to USDC issued in the European Union by Circle Internet Financial Europe SAS.

From November 12, 2026, the EBA is scheduled to supervise the issuer's own funds, reserve assets, liquidity requirements, and recovery and redemption plans. France's financial supervisor retains responsibility for governance, qualifying holdings, fit-and-proper assessments, outsourcing, and conflicts of interest, as ForexCrunch reported on October 20, 2026.

USDC trades near its dollar peg

The USDC price stands at 1.0010 USD as of October 26, 2026, according to Investing.com. 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. USDC price data reflects the token's dollar-peg market level; the reference basis for percentage changes is the UTC daily close of October 25, 2026.