Home / Companies / Circle / Blog / Post Details
Content Deep Dive

USDC Reserve Attestation Report from Grant Thornton LLP - November 2019

Blog post from Circle

Post Details
Company
Date Published
Author
Team Circle
Word Count
227
Company Posts That Month
4
Language
English
Hacker News Points
-
Post removed?
No
Summary

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.

Trends Found in this Post

No tracked trend matches for this post yet.

Use This Data

Use this post, company, and trend context to find content marketing opportunities, perform competitive analysis, or address product feature gaps via the Plushcap MCP server or the Plushcap API.