Tuesday, July 27, 2021
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Report Shows That Majority of Circle’s USDC Reserves Are Held in Cash

Payments fintech company Circle revealed a breakdown of the assets backing the dollar-pegged stablecoin USDC, as part of efforts to ensure transparency and accountability.  Assets Backing USDC Stablecoin  In an attestation report by major accounting firm Grant Thornton, the company revealed the reserves backing USDC. A total of 22,176,182,251 USDC was in

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