USDC

USDC Reserve Attestation Report from Grant Thornton LLP — February 2021

USDC Reserve Attestation Report from Grant Thornton LLP — February 2021

Team Circle Team Circle April 30, 2021

usdc-attestation-feb-2021

Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of February 28, 2021 at 11:59 PM Pacific Time (“PT”):

  • USD Coin (“USDC”) tokens issued and outstanding =  9,343,208,228 USDC
  • US Dollars held in custody accounts = $9,382,986,657
  • 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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