USDC Reserve Attestation Report from Grant Thornton LLP - November 2019
Blog post from Circle
Circle Internet Financial has published a USDC attestation report for November 2019, confirming that the amount of US dollar reserves held in custody accounts exceeds the issued and outstanding USD Coin (USDC) tokens. The report, prepared by independent accounting firm Grant Thornton LLP, states that as of November 30, 2019, there were 457,103,362 USDC tokens issued, backed by $458,157,517 in US dollars. This monthly attestation aims to ensure transparency and trust in the value of USDC, aligning with Circle's mission to transform financial transactions by making them more accessible and efficient.
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