USDC Reserve Attestation Report from Grant Thornton LLP — June 2019
Blog post from Circle
Circle Internet Financial released an attestation report conducted by Grant Thornton LLP, detailing the US dollar reserves backing the USD Coin (USDC) as of June 30, 2019. The report confirmed that the number of issued and outstanding USDC tokens, totaling 366,619,335, did not exceed the US dollars held in custody accounts, which amounted to $366,857,842. Grant Thornton LLP will continue to provide monthly attestation reports to ensure transparency and trust in Circle's USDC reserves. Circle is focused on enhancing the accessibility and efficiency of money movement, aiming to increase global economic opportunities.
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