USDC Reserve Attestation Report from Grant Thornton LLP — October 2019

Circle Internet Financial has released its latest attestation report, verified by the independent accounting firm Grant Thornton LLP, regarding the US dollar reserves backing USD Coin (USDC). As of October 31, 2019, the report confirms that there are 464,507,005 USDC tokens issued and outstanding, with $464,628,070 in US dollars held in custody accounts, ensuring that the USDC tokens do not exceed the dollar reserves. This attestation is part of Circle's commitment to transparency, with Grant Thornton providing monthly reports on the USDC reserves. Circle aims to revolutionize the movement of money by making it more accessible and efficient, thereby enhancing global economic opportunity and prosperity.

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