# How USDC Treasury Minting and Redemptions Affect Token Supply

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/38741
Published: 2026-10-23T06:01:38.000Z
Updated: 2026-10-23T06:01:38.000Z
Section: Investing

> Circle issues USD Coin (USDC) with a target value of $1. Minting adds to the amount issued but does not show where tokens go or whether trading liquidity changes.

Circle issues USD Coin (USDC), a stablecoin designed to track the U.S. dollar at $1.

Minting adds to the amount of USDC issued, but does not by itself show whether tokens were transferred to exchanges or other holders. It also does not establish a change in trading liquidity.

The USDC Treasury handles token minting and redemptions, managing supply in response to demand.