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Oct 01, 2024

September 22, 2020

USDC Reserve Attestation Report from Grant Thornton LLP — August 2020

what you’ll learn

The latest attestation report from Grant Thornton LLP. Circulating supply stands at 1,467,498,769 USDC. Read the full report here!

USDC Reserve Attestation Report from Grant Thornton LLP — August 2020

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.

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USDC Reserve Attestation Report from Grant Thornton LLP — August 2020
usdc-reserve-attestation-report-from-grant-thornton-llp-august-2020
September 22, 2020
The latest attestation report from Grant Thornton LLP. Circulating supply stands at 1,467,498,769 USDC. Read the full report here!
USDC
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