Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of February 29, 2020 at 11:59 PM Pacific Time (“PT”):

You can read the full report here. Grant Thornton LLP will provide USDC attestation reports on Circle’s USDC reserves on a monthly basis.

Originally published at https://blog.circle.com on March 18, 2020.

Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of January 31, 2020 at 11:59 PM Pacific Time (“PT”):

You can read the full report here. Grant Thornton LLP will provide USDC attestation reports on Circle’s USDC reserves on a monthly basis.

Originally published at https://blog.circle.com on February 24, 2020.

Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of December 31, 2019 at 11:59 PM Pacific Time (“PT”):

You can read the full report here. Grant Thornton LLP will provide USDC attestation reports on Circle’s USDC reserves on a monthly basis.

Originally published at https://blog.circle.com on January 22, 2020.

This is part of a series of blogs to help people understand the various ways USD Coin (USDC) powers the crypto ecosystem. The other blogs in this series are available here

In a little over a year since the launch of USD Coin (USDC), it has become one of the most popular quote currencies on digital asset exchanges across the globe. Currently, 60+ exchanges-including Binance, Coinbase Pro, and Poloniex-support the dollar-backed stablecoin. And that number is on the rise.

Why do so many exchanges choose to list USDC when, unlike bitcoin (BTC) and other cryptoassets, it doesn’t grow in value? We answer that question and more in the report below.

Circle Team

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