Circle USDC Reserve Attestation: $34.5B Backing Confirmed
Circle's latest monthly attestation reviewed by Deloitte shows USDC reserves at $34.5 billion, exceeding circulating supply with short-term Treasury and repo holdings.
Circle released its latest monthly USDC reserve attestation reviewed by Deloitte. Reserves stood at $34.5 billion, above total circulating USDC supply at the reporting date. The primary backing consisted of short-term U.S. Treasury bills and overnight repurchase agreements.
The attestation is a point-in-time snapshot and does not reflect subsequent reserve movements. The exact circulating supply figure at the attestation date is not stated.