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Oct 01, 2024

July 21, 2020

USDC Reserve Attestation Report from Grant Thornton LLP — June 2020

what you’ll learn

Our attestation report on US dollars backing USDC as of June 2020 is out new. Read it today to see all issued and outstanding USDC!

USDC Reserve Attestation Report from Grant Thornton LLP — June 2020

Circle has published a new attestation report on US dollar reserves backing USDC. These reports are released monthly and are issued by independent accounting firm Grant Thornton LLP. June 2020's report states that as of June 30, 2020 at 11:59 PM Pacific Time (“PT”):

  • USD Coin (“USDC”) issued and outstanding =985,448,435 USDC
  • USD held in custody accounts =$990,897,799
  • As the date and time of the report's publication, the issued and outstanding USDC tokens do not exceed the balance of the US Dollars held in custody accounts

To read the full report, click here. Grant Thornton LLP publishes these USDC attestation reports on a monthly basis. To access past reports, you can find them here. Be sure to return to our blog next month to see July 2020's attestation report when it is published.

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USDC Reserve Attestation Report from Grant Thornton LLP — June 2020
usdc-reserve-attestation-report-from-grant-thornton-llp-june-2020
July 21, 2020
Our attestation report on US dollars backing USDC as of June 2020 is out new. Read it today to see all issued and outstanding USDC!
USDC
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