Key takeaways from Circle’s $44.5B USDC reserve report

by Aurelia Butler 30 January 2023, 08:40 119 Views

Circle’s December 2022 reserve report, reviewed by Grant Thornton accountancy group, breaks down the current make-up of the stablecoin issuer’s reserve vault. According to Circle, 44,553,543,212 USDC is currently backed by $44,693,963,701 U.S. dollars held in custody accounts.

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Source: Cryptocurrency - investing.com

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Key takeaways from Circle’s $44.5B USDC reserve report

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