USDC Reserve Attestation Report from Grant Thornton LLP — September 2020

USDC Reserve Attestation Report from Grant Thornton LLP — September 2020

USDC

usdc-attestation-september

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 September 30, 2020 at 11:59 PM Pacific Time (“PT”):

  • USD Coin (“USDC”) tokens issued and outstanding =2,513,941,166 USDC
  • US Dollars held in custody accounts = $2,515,032,711
  • 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

To read the full report, click here. These attestation reports on issued and outstanding USDC are published by Grant Thornton LLP every month. Be sure to check in with Circle every month when a new report is released so you can stay up to date on USD reserves backing USD coin.

Related blogs

View all
Company Updates

Circle Releases First Annual “State of the USDC Economy” Report

Jeremy Allaire | January 17, 2023

Jeremy Allaire's foreward to The State of the USDC Economy annual retrospective, spelling out utility value of responsible financial services innovation.

Read story about Circle Releases First Annual “State of the USDC Economy” Report
Modern Commerce with USDC and Euro Coin
Company Updates

Converge22 Recap: Powering Modern Commerce with USDC and Euro Coin

Team Circle | December 29, 2022

USDC and Euro Coin are programmable money shaping the future of digital payments. Converge22's expert panel discuss potential use cases for stablecoins.

Read story about Converge22 Recap: Powering Modern Commerce with USDC and Euro Coin
Digital Dollar USDC Converge22
Company Updates

Converge22 Recap: Dollar Digitization for the Developing World

Team Circle | November 16, 2022

A recap of Converge22’s Dollar Digitization for the Developing World session exploring how USDC and Web3 are helping expand global financial inclusion.

Read story about Converge22 Recap: Dollar Digitization for the Developing World