Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts...

Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts...

On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre Consortium’s accountant, Grant Thornton explaining that the stablecoin’s reserve account information matches the accompanying reserve account report, which is “correctly stated.” Circle Publishes Stablecoin Reserve Transparency Blog Post, Letter from Grant Thornton, and the Latest....


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Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether's mad money

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Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assur...

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Circle discloses full breakdown of $55.7B USDC reserves

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Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched an ERC20 token called USD Coin or USDC. At the time of publication, USDC is the 12th largest blockchain in terms of market capitalization with $2.8 billion circulating today. Under tether (USDT), USDC is the second-most popular stablecoin. “USDC is the first of several fiat tokens Centre....