USDC Reserve Attestation Report from Grant Thornton LLP — August 2020

USDC Reserve Attestation Report from Grant Thornton LLP — August 2020

USDC

usdc-ecosystem-aug2020

The latest report on US dollar reserves backing USDC has been released by Grant Thornton LLP, and independent accounting firm. As of August 31, 2020 at 11:59 PM Pacific Time (“PT”), the report states that:

  • Issued and outstanding USDC tokens = 1,467,498,769 USDC
  • US Dollars held in custody accounts = $1,477,969,595
  • Issued and outstanding USDC tokens do not exceed the balance of the USD held in custody accounts

For a deeper dive into the data, read the full report here. Each month, Grant Thornton LLP will provide USDC attestation reports on Circle’s USDC reserves. To stay on top of USDC issued and outstanding, come back every month to download the latest version of the USDC attestation report.

Related blogs

View all
USDC Littio Ecosystem Spotlight
USDC

Littio x USDC: Creating stable and secure banking in LATAM

Christian Knudsen | June 6, 2023

See how Littio, a dollar and euro bank made for people in LATAM and emerging economies, uses USDC and EUROC to help create borderless, secure banking.

Read story about Littio x USDC: Creating stable and secure banking in LATAM
USDC

Trust: The Ultimate Currency - A Discussion with Circle Leadership on Trust...

Team Circle | May 11, 2023

In a recent webinar, the Circle leadership team provided market updates and discussed the regulatory outlook for payment stablecoins and digital assets.

Read story about Trust: The Ultimate Currency - A Discussion with Circle Leadership on Trusting Digital Assets
Executive Insights Circle Trust Ultimate Currency
USDC

The New Operating System for Money: Building Trust in Digital Currency

Elisabeth Carpenter | May 9, 2023

Trust is essential for the success of currency – fiat or digital. Learn how Circle is creating a robust digital currency ecosystem that enterprises can trust.

Read story about The New Operating System for Money: Building Trust in Digital Currency