Company
Date Published
Author
Team Circle
Word count
224
Language
English
Hacker News points
None

Summary

Circle Internet Financial has released its fourth attestation report, verified by Grant Thornton LLP, confirming that as of January 31, 2019, the US Dollar reserves backing the USD Coin (USDC) exceed the tokens issued, with 307,793,724 USDC in circulation and $307,848,312 held in custody. This report is part of Circle's commitment to transparency, as Grant Thornton LLP will continue to provide monthly attestations of USDC reserves. Circle aims to revolutionize financial transactions by making them more accessible and efficient, thereby fostering global economic opportunities. The company also provides updates through newsletters and related posts, indicating upcoming advancements like the integration of USDC and CCTP V2 into various networks and tools for cross-chain transfers.