circulation

According to The Defiant, Circle's wrapped Bitcoin product cirBTC has been live on Ethereum since June 8, but its circulation is currently only about 40 coins. According to Etherscan, its maximum supply is approximately 40.02 cirBTC, with only 11 holding addresses. Circle's reserve dashboard (data as of August 11) shows that there are about 40.02 cirBTC in circulation, corresponding to reserves of approximately 42.51 BTC.cirBTC is issued by Circle International Bermuda Limited, backed by a 1:1 BTC collateral, with the underlying assets held in trust by Circle National Trust and isolated from company assets, supporting Chainlink reserve proofs for on-chain real-time verification. Qualified institutions can mint and redeem through Circle Mint. Currently, it is only deployed on Ethereum, with Arc as the next target chain, and plans to expand to multi-chain.In comparison, WBTC has a circulation of over 116,000 coins, and cbBTC has about 97,000 coins. CoinGecko currently marks cirBTC as "preview" status, and it has not yet been listed for trading on mainstream centralized and decentralized exchanges.

Recently, the decentralized stablecoin USDD officially released its monthly transparency report for July 2026. The report shows that several core data points continue to improve month-on-month, demonstrating robust growth and ecological vitality. Among them, the new circulation of USDD in July reached $221 million, with a total circulation of $1.58 billion at the end of the month, and the collateralization rate maintained at 142.98%; the circulation of USDD on the TRON blockchain increased by 18.7%; Smart Allocator's cumulative earnings reached $23.72 million; the treasury data for Q2 2026 was disclosed in the same month, with a treasury surplus of $21.54097 million.The report comprehensively disclosed reserves, earnings, treasury, and ecological progress, confirming USDD's continuous optimization in over-collateralization, on-chain verifiability, and multi-scenario applications. Various data indicators showed a continuous increase month-on-month, with normalized incentives being consistently implemented, providing stable support for users and ecological partners.

The Optimism Foundation released its fifth annual budget update and outlook (from May 2026 to April 2027). According to the foundation's forecast, the circulating supply of OP will increase from the current approximately 2.161 billion to about 2.504 billion, accounting for 58.3% of the total supply, meaning that approximately 343 million OP will enter circulation during this period.By category, it is expected that the ecological fund will add 200 million in circulation, early core contributors 47.6 million, investors 15.3 million, governance fund 10 million, and both airdrops and Retro Funding will be zero. The foundation stated that the relevant tokens all come from the initial allocation framework and no new token allocation has been requested; this update is solely for the purpose of increasing transparency.Token deployment will continue to focus on the two strategic goals of OP mainnet growth and acquiring OP Enterprise corporate clients. Looking back at the fourth year, Optimism committed approximately 150 million OP in new expenditures, a decrease of about one-third compared to the third year; OP Enterprise went live in January 2026, with early clients including Bitpanda, Ink, Dunamu, and Ether.fi; the monthly transaction volume on the OP mainnet grew by over 60% during this period; the governance layer has approved a 12-month buyback plan that will use up to 50% of Superchain revenue for monthly OP buybacks, and over 9 million have been repurchased so far.

Circle Internet Group (NYSE: CRCL) announced its Q2 2026 financial report, with total revenue and reserve income of $701 million, a year-on-year increase of 7%; adjusted EBITDA of $143 million, a year-on-year increase of 8%; and net profit of $48 million, a year-on-year increase of $530 million (mainly affected by last year's IPO equity incentives). The circulation of USDC reached $73.3 billion, a year-on-year increase of 19%, with on-chain transaction volume of $14.8 trillion for the quarter, a year-on-year increase of 151%.In terms of business, Circle received approval from the Office of the Comptroller of the Currency (OCC) to establish Circle National Trust, a federal trust bank, becoming one of the first stablecoin issuers to hold a federal banking license. The Arc public blockchain will launch its mainnet on September 16, with more than ten institutions including BlackRock, DTCC, Visa, Mastercard, and Standard Chartered serving as founding third-party verification nodes. BlackRock plans to deploy the BUIDL fund on Arc, while DTCC will promote the tokenization of DTC custodial assets. The Circle Payment Network (CPN) achieved an annualized transaction volume of $14.7 billion in the past 30 days, a quarterly increase of 76%, with 175 institutions onboarded, a quarterly increase of 29%. The Agent Stack now offers over 900 paid services.

According to PYMNTS, Federal Reserve Governor Christopher Waller delivered the opening remarks at the Federal Reserve's fifth conference on the international role of the dollar on June 22, positioning stablecoins and tokenized assets as new channels for expanding the global influence of the dollar, and emphasizing that the purpose of this conference is to bring together multiple perspectives to jointly assess the core forces affecting the international status of the dollar.

The decentralized stablecoin USDD released its May transparency report. The data shows that by the end of May, the total collateral assets of USDD reached $2.2 billion, with a circulation of $1.44 billion, and the over-collateralization rate maintained at 154.65%, demonstrating strong risk buffer capability.In addition, Smart Allocator's cumulative earnings reached $18.34 million, with new earnings of $2.1 million for the month, a month-on-month increase of 12.94%. In terms of ecological progress, sUSDD officially launched on the Pendle fixed income market, providing users with more earning options; it continues to adopt a 100% on-chain verifiable reserve mechanism and promotes a multi-platform incentive program to accelerate ecological expansion.These core data and significant progress in ecology indicate that USDD continues to strengthen its stability and transparency while consolidating its position in the decentralized stablecoin market.

The DeSci project NanoVita announced that the team has recently continued to optimize the token structure, significantly reducing the market circulation chips to enhance the long-term sustainability of the ecosystem.As of now, the token circulation has been reduced by 98.57%, with the specific data as follows:Total Supply: 14,262,742Current Circulation: 11,429,409The optimization has destroyed the hash (for verification):0xcb562af732e6a5d836d4c55aeb56ff79f3aeb4abd66ca6eb07c0aa310d52fa80With the significant contraction of market circulation chips, NanoVita is entering a new "Low-Float Phase," where the future ecosystem will focus more on long-term holders, research contributors, and DeSci infrastructure construction.NanoVita has previously completed its launch on PancakeSwap and has developed an ecological layout around AI bio-intelligence, nanotechnology, and on-chain health data networks.After this round of optimization, NanoVita's low circulation and high consensus token structure has been further solidified, laying a solid foundation for subsequent long-term value growth and ecological construction.

The Deputy Minister of Finance of Russia, Ivan Chebeskov, stated that he does not wish to allow dollar-denominated stablecoins to circulate in the Russian market. Chebeskov pointed out that foreign stablecoin issuers such as USDT and USDC have the ability to freeze users' wallet assets. Once the relevant wallets engage in transactions with platforms licensed by the Central Bank of Russia, the risk of asset freezing for holders will significantly increase.He revealed that there have already been cases where dollar stablecoins held by Russian legal entities were frozen by the issuers, while Bitcoin and Ethereum have not encountered similar situations due to the lack of relevant technical means. The Russian Ministry of Finance believes it is necessary to establish a regulatory framework specifically for stablecoins and to prioritize the development of stablecoins pegged to the ruble and the currencies of friendly countries, while also granting the Central Bank of Russia the authority to adjust the list of relevant assets.

According to official data, in the 7 days ending May 21, Circle issued approximately 8.1 billion USDC, redeemed about 7.7 billion USDC, and the circulation increased by approximately 400 million. The total circulation of USDC is 76.9 billion, with reserves of about 77.1 billion USD, including overnight reverse government bond repurchases of about 45.7 billion USD; government bonds with maturities of less than 3 months of about 18.6 billion USD; deposits from systemically important institutions of about 12.2 billion USD; and other bank deposits of about 600 million USD.

According to official data, in the 7 days ending May 14, Circle issued approximately 5.4 billion USDC, redeemed about 7.1 billion USDC, and the circulation decreased by approximately 1.7 billion. The total circulation of USDC is 76.5 billion, with reserves of about 76.7 billion USD, including overnight reverse repurchase agreements of about 48.3 billion USD; Treasury bonds with maturities of less than 3 months of about 16.1 billion USD; deposits from systemically important institutions of about 11.9 billion USD; and other bank deposits of about 500 million USD.

Market analysts point out that DAT (Digital Asset Treasury/Asset Management Vehicle) in the Hyperliquid ecosystem currently holds about 9% of the circulating supply of HYPE, a higher proportion than similar structures of mainstream assets such as BTC, ETH, SOL, and BNB. The analysis suggests that DAT, as an important vehicle for institutional participation, introduces new "balance sheet buying" to the market, addressing the issue of a lack of sustained allocation funds in previous cycles.Among them, HYPE is currently one of the few assets trading at a positive mNAV (market net asset value premium), giving related treasury tools stronger financing capabilities. In addition, the recent revisions to ETF application documents are seen as a signal that the approval path is gradually becoming clearer. The report indicates that against the backdrop of DAT continuously absorbing circulating chips, if the ETF is approved, the new passive funds will directly impact the relatively limited circulating supply, and combined with the early institutional holding structure, may provide more direct support for the price. However, the analysis also warns that the current circulating ratio of HYPE is still relatively low compared to the fully diluted valuation (FDV), and the structural release of supply remains a potential variable.

According to official data, in the 7 days ending April 23, Circle issued approximately 5.1 billion USDC, redeemed about 5.8 billion USDC, and the circulation decreased by approximately 700 million. The total circulation of USDC is 78 billion, with reserves of about 78.2 billion USD, including overnight reverse repos of about 47.2 billion USD; Treasury bills with maturities of less than 3 months of about 19.4 billion USD; deposits from systemically important institutions of about 11 billion USD; and other bank deposits of about 600 million USD.

According to Arkham monitoring, the multi-signature address (0x946) has distributed a total of 2,499,000 EVAA to 10 addresses in the past 10 minutes.The specific operations include transferring 250,000 EVAA to each of 5 addresses 1 minute ago, and transferring a total of 1,249,000 EVAA to another 5 addresses 9 minutes ago. According to CMC data, the current circulating supply of EVAA is 6,610,000, and this distribution accounts for approximately 37.8% of its total circulating supply. Some of the receiving addresses have previously transferred the tokens to exchanges or sold them on DEX.

At the "Crypto 2026: From Cryptocurrency to Smart Economy" themed forum held in Hong Kong, Dr. Daxue Wang, CFO of Lotus Technology Inc., delivered a keynote speech titled "Crypto Links to the Physical Industry, Smart Mobility Running on the Chain."Dr. Daxue Wang stated that smart mobility is the pioneering carrier of the smart economy. Lotus, a luxury electric vehicle brand with a 78-year history, has been listed on NASDAQ and is actively exploring the deep integration of crypto technology with the physical industry. He proposed three major integration directions:First, safeguarding data value by utilizing the immutable nature of blockchain and privacy computing, allowing users to have absolute control over their personal data, achieving credible data circulation and value flow. Second, releasing asset value by exploring efficient circulation and fair trading of assets such as vehicle sales, brand value, autonomous driving technology patents, and global sales networks through RWA, while promoting credible traceability of carbon assets in green mobility. Third, co-creating ecological value by recording data on driving, charging, and maintenance through on-chain smart nodes, allowing users to upgrade from "car owners" to "participants in the brand ecosystem" through on-chain rights confirmation.Dr. Daxue Wang pointed out that the current challenges include compliance implementation, technology adaptation, and ecological co-construction, but the opportunities lie in open cooperation, promoting smart mobility as a practical landing scenario of the smart economy. Lotus hopes to work hand in hand with the crypto ecosystem to realize the vision of "from buying a Lotus car to sharing the growth value of Lotus technology."

According to on-chain analyst Yu Jin's monitoring, in the past half hour, whales or institutions controlling 59% of the circulating supply of NOM have continued to transfer 768 million NOM to Binance, worth 3.73 million USD. From last night until now, this entity has transferred a total of 1.442 billion NOM to Binance, worth 7.67 million USD. The price of NOM has dropped 39% in the last 24 hours.

According to official news from Mantle, xStocksFi has officially launched on the Mantle network, supported by BackedFi and Flowdesk.As one of the first projects to achieve on-chain liquidity through stock tokenization, users can trade major global assets around the clock via the Fluxion network, including 10 leading U.S. stocks such as TSLAx, NVDAx, AAPLx, METAx, and more. Mantle leverages institutional-grade infrastructure and exclusive deposit and withdrawal support from Bybit to enhance the distribution efficiency of real-world assets (RWA), while providing extremely low trading fees and a high-speed execution experience.The official statement indicates that the launch of xStocks is just the starting point for ecosystem expansion, with more features such as xChange and xPoints to be introduced in the future.

According to monitoring by Lookonchain, the StakeStone token STO skyrocketed from $0.11 to $0.94 within two days, a surge of 755%. A certain whale (0x5e2E) has deposited all of its 28 million STO (approximately $10.12 million, accounting for 12.43% of the circulating supply) into Gate.

The decentralized zero-knowledge proof verification layer Aligned updates the ALIGN token economics, with a total supply of 10 billion tokens and an initial circulation of approximately 16%.Of this, 23.5% will be allocated to the team (40% cliff unlock after 12 months, with the remaining portion unlocking linearly over 18 months), 19.71% will be allocated to investors, 18% will be allocated for the ecosystem (3.23% unlock at TGE, 6 months cliff unlock, with the remaining portion unlocking linearly over 24 months), 16.61% will be used for future reserves (40.24% unlock at TGE, 6 months cliff unlock, with the remaining portion unlocking linearly over 24 months), 11.4% will be allocated to the foundation (37.83% unlock at TGE, with the remaining portion unlocking linearly over 30 months), 8.74% will be used for airdrops (44.36% unlock at TGE), and 2.04% will be used for community sales (32.72% unlock at TGE).