USDC Reserve Attestation Report from Grant Thornton LLP — November 2020

USDC Reserve Attestation Report from Grant Thornton LLP — November 2020

USDC

usdc attestation report

The USDC latest attestation report is here. These reports, which are published by independent accounting firm Grant Thornton LLP, are created to track the current amount of US dollar reserves backing USDC. The newest report states that as of October 30, 2020 at 11:59 PM Pacific Time (“PT”):

  • USD Coin (“USDC”) issued and outstanding =  3,002,021,340 USDC
  • US Dollars held in custody accounts = $3,004,921,958
  • At the time of the report's publication, 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 for more details. We recommend you check in with us every month, as Grant Thornton LLP provides USDC attestation reports on a monthly basis. You may also download all past USDC attestation reports here.

 

 

Related blogs

View all
Inside USDC Reserves at Circle
Company Updates

How the USDC Reserve is Structured and Managed

Jeremy Fox-Geen | March 28, 2023

Built as a true bearer asset, USDC is backed by a reserve held in short-duration U.S. Treasuries and cash deposits within the U.S. banking system.

Read story about How the USDC Reserve is Structured and Managed
usdc ethereum
USDC

Where to Buy USDC on Ethereum

Team Circle | March 2, 2023

USDC has grown to play an essential role in Ethereum’s Dapp and DeFi protocols. Learn where and how to get USDC on Ethereum (USDC ERC20).

Read story about Where to Buy USDC on Ethereum
Web3 Compliance Policy State of the USDC Economy Circle
USDC

Web3 Compliance and Policy for the Digital Economy

Team Circle | March 1, 2023

See how Circle is contributing to the future of Web3 compliance and policy in our State of the USDC Economy report. Read it today!

Read story about Web3 Compliance and Policy for the Digital Economy