USDC Reserve Attestation Report from Grant Thornton LLP — October 2020
Blog post from Circle
Circle Internet Financial has released its latest monthly attestation report on the USD reserves backing its USD Coin (USDC), verified by Grant Thornton LLP, a prominent global accounting and consulting firm. As of October 30, 2020, there were 2,971,030,556 USDC tokens in circulation, fully backed by $2,973,954,847 held in custody accounts, ensuring that the tokens do not exceed the US dollar reserves. Circle, aiming to transform monetary transactions by enhancing accessibility and efficiency, provides these reports to maintain transparency and assure users of the security and stability of their digital currency. The company encourages interested parties to read the full report and stay updated through their regular publications and newsletters.
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