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Sep 23, 2024

March 8, 2021

USDC Reserve Attestation Report from Grant Thornton LLP — January 2021

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The latest attestation report from Grant Thornton LLP: USD Coin ($USDC) issued remain fully backed by US dollars held in reserve. Read the report today!

USDC Reserve Attestation Report from Grant Thornton LLP — January 2021

Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The USDC attestation report states that as of January 31, 2021 at 11:59 PM Pacific Time (“PT”):

  • USD Coin (“USDC”) tokens issued and outstanding =  5,970,149,296 USDC
  • US Dollars held in custody accounts = $6,002,293,927
  • 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 — January 2021
usdc-reserve-attestation-report-from-grant-thornton-llp-january-2021
March 8, 2021
The latest attestation report from Grant Thornton LLP: USD Coin ($USDC) issued remain fully backed by US dollars held in reserve. Read the report today!
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