USDC Reserve Attestation Report from Grant Thornton LLP — July 2020

USDC Reserve Attestation Report from Grant Thornton LLP — July 2020

USDC Reserve Attestation Report from Grant Thornton LLP — July 2020

USDC

usdc attestation july 2020

Our USDC attestation report for the month of July is out. These reports aim to show the amount of USD coin issued and outstanding at the time of publication. The document, which is issued by Grant Thornton LLP, states that as of July 31, 2020 at 11:59 PM Pacific Time (“PT”):

 

  • USD Coin (“USDC”) that is issued and outstanding = 1,082,327,899   USDC
  • US Dollars that are being held in custody accounts = $1,085,282,837
  • As of the report date and time, issued and outstanding USDC tokens do not exceed the balance of the US Dollars held in custody accounts.

For more information, you can read the full report here. Every month, Grant Thornton LLP provides USDC attestation reports on Circle’s USDC reserves. To keep up with the status of USD coin issued and outstanding, check back with us each month.

Related blogs

View all
USDC

An Overview of Circle's Web3 Services Platform

Corey Cooper | November 21, 2023

Circle offers an enterprise-grade Web3 services platform, complete with a diverse set of APIs and SDKs to build decentralized applications. Learn more.

Read story about An Overview of Circle's Web3 Services Platform
USDC

Composable Smart Contracts with USDC

Marcos Placona | November 17, 2023

Composability means combining elements of different smart contracts to create a new system. Learn how to use the power of composable smart contracts with USDC.

Read story about Composable Smart Contracts with USDC
USDC

Choosing a Wallet as an Enterprise Team: Programmable Wallets

Marcos Placona | November 17, 2023

We walk through Programmable Wallets; a groundbreaking innovation that allows developers to offer powerful Web3 wallets with the UX of a Web2 app

Read story about Choosing a Wallet as an Enterprise Team: Programmable Wallets