USDC Reserve Attestation Report from Grant Thornton LLP — February 2021

USDC Reserve Attestation Report from Grant Thornton LLP — February 2021

USDC

usdc attestation

Circle has released this month's attestation report on US dollar reserves backing USDC, which is issued by independent accounting firm, Grant Thornton LLP. These documents are created and published each month and can be accessed via our website or Centre Consortium's. The report states that as of February 28, 2021 at 11:59 PM PT:

  • USD Coin issued and outstanding =  9,343,208,228 USDC
  • US Dollars held in custody accounts = $9,382,986,657
  • At the date and time the report was published, issued and outstanding USDC tokens do not exceed the balance of the US Dollars held in custody accounts

Read the full report here for more information on issued and outstanding USDC. Grant Thornton LLP releases USDC attestation reports on Circle’s USD coin reserves every month, so be sure to come back and read next month's report when it is released.

 

 

Related blogs

View all
Inside USDC Reserves at Circle
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
usdc ethereum
USDC

Where to Buy USDC on Ethereum

Team Circle | March 2, 2023

USDC has grown to play an essential role in Ethereum’s Dapp and DeFi protocols. Learn where and how to get USDC on Ethereum (USDC ERC20).

Read story about Where to Buy USDC on Ethereum
Web3 Compliance Policy State of the USDC Economy Circle
USDC

Web3 Compliance and Policy for the Digital Economy

Team Circle | March 1, 2023

See how Circle is contributing to the future of Web3 compliance and policy in our State of the USDC Economy report. Read it today!

Read story about Web3 Compliance and Policy for the Digital Economy