The Coin Rise
2022-07-15 22:00:01

Circle Publishes its First Monthly USDC Report With $55.7B Held in Reserve

Circle, the blockchain-based fintech startup in charge of the issuance of the USD Coin (USDC) stablecoin has published the first monthly report for the reserve backing the digital payment token. According to the report which is yet to be audited, the company has a cumulative reserve base of $55,703,500,691 as of June 30th this year. […]The post Circle Publishes its First Monthly USDC Report With $55.7B Held in Reserve appeared first on Blockchain, Crypto and Stock News.

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