in

Circle discloses full breakdown of $55.7B USDC reserves

As of June 30, Circle’s $55.7 billion reserves were comprised of $42.12 billion in short-term United States Treasuries and $13.58 billion in cash held at regulated financial institutions in the country, the company disclosed Thursday. The weighted average maturity of its Treasury assets was 43.9 days.

Continue Reading on Coin Telegraph


Source: Cryptocurrency - investing.com

Powell, Clarida cleared of wrongdoing in Fed trading controversy

El Salvador finance minister says possible IMF deal no panacea