what you’ll learn
We have released March 2019's attestation report on USD reserves backing USDC. Read the report today to see issued and outstanding USD coin!
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 March 31, 2019 at 11:59 PM Pacific Time:
- USD Coin (“USDC”) tokens issued and outstanding = 246,586,876 USDC
- US Dollars held in custody accounts = $246,590,714
- 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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