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Oct 01, 2024

June 16, 2020

USDC Reserve Attestation Report from Grant Thornton LLP — May 2020

what you’ll learn

The most recent attestation report on USD reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. Read today to learn more!

USDC Reserve Attestation Report from Grant Thornton LLP — May 2020

The latest attestation report on US dollar reserves backing USD coin is out. The report, issued by Grant Thorton, LLP, an independent accounting firm, states that as of May 31, 2020 at 11:59 PM Pacific Time (“PT”):

  • USD Coin (“USDC”) tokens issued and outstanding = 730,800,467 USDC
  • US Dollars held in custody accounts =$746,657,617
  • 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. Be sure to check in with us every month, as Grant Thornton LLP releases USDC attestation reports on Circle’s USDC reserves on a monthly basis.

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USDC Reserve Attestation Report from Grant Thornton LLP — May 2020
usdc-reserve-attestation-report-from-grant-thornton-llp-may-2020
June 16, 2020
The most recent attestation report on USD reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. Read today to learn more!
USDC
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