- Circle Blog
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- Circle Welcomes Flavia Naves as General Counsel
Circle Welcomes Flavia Naves as General Counsel
Circle Welcomes Flavia Naves as General Counsel
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Company Updates
How the USDC Reserve is Structured and Managed
Jeremy Fox-Geen | March 28, 2023
Built as a true bearer asset, USDC is backed by a reserve held in short-duration U.S. Treasuries and cash deposits within the U.S. banking system.
Read story about How the USDC Reserve is Structured and Managed
Company Updates
March 15, 2023 | Update on USDC operations
Team Circle | March 15, 2023
As of close of business March 15, Circle has cleared substantially all USDC minting and redemption backlogs and continues making progress toward full USDC liquidity operations.
Read story about March 15, 2023 | Update on USDC operations
Company Updates
March 14, 2023 | Update on USDC Operations
Team Circle | March 14, 2023
The USDC reserve is held with BNY Mellon, except for limited funds held at transaction banking partners to support USDC minting and redemption, and is invested in the Circle Reserve Fund, managed by BlackRock and principally comprised of short dated U.S. Treasuries.
Read story about March 14, 2023 | Update on USDC Operations