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Oct 01, 2024

January 16, 2019

USDC Reserve Attestation Report from Grant Thornton LLP — December 2018

what you’ll learn

We have released our December 2018 attestation report on US dollars reserve backing USD coin. Read the report today!

USDC Reserve Attestation Report from Grant Thornton LLP — December 2018

Today, Circle released the third attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of December 31, 2018 at 11:59 PM UTC:

  • USD Coin (“USDC”) tokens issued and outstanding = 251,211,148 USDC
  • US Dollars held in custody accounts = $251,211,209
  • As of the Report Date and Time, the issued and outstanding USDC tokens do not exceed the balance of the US Dollars held in custody accounts

You can read the full report here. Grant Thornton LLP will provide USDC attestation reports on Circle’s USDC reserves on a monthly basis.

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USDC Reserve Attestation Report from Grant Thornton LLP — December 2018
usdc-reserve-attestation-report-from-grant-thornton-llp-december-2018
January 16, 2019
We have released our December 2018 attestation report on US dollars reserve backing USD coin. Read the report today!
USDC
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