Circle Internet Financial recently released an attestation report by Grant Thornton LLP, confirming the adequacy of US dollar reserves backing the USD Coin (USDC) as of May 31, 2020. The report details that 730,800,467 USDC tokens were issued and outstanding, with $746,657,617 held in custody accounts, ensuring that the issued tokens did not exceed the dollar reserves. Circle emphasizes its commitment to transparency by providing these monthly attestation reports and highlights its mission to enhance global economic opportunity through improved accessibility, inclusivity, and efficiency in monetary transactions.