USDC Reserve Attestation Report from Grant Thornton LLP — 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.