What are the current USDC reserves held by Circle?

5 answers

• Om AherJan 30, 2024 · 2 years ago
  Circle currently holds a significant amount of USDC in their reserves. The exact amount may vary as it depends on the demand and supply of USDC in the market. However, Circle has been transparent about their reserves and regularly provides updates on the amount of USDC held.
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• Aquiles GomezJul 08, 2022 · 3 years ago
  As of the latest update, Circle has reported holding a substantial amount of USDC in their reserves. This ensures that there is sufficient backing for the USDC tokens in circulation. Circle's commitment to transparency is commendable, as it allows users to have confidence in the stability of USDC.
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• Stessy AngeckSep 26, 2023 · 2 years ago
  According to recent reports, Circle holds a substantial amount of USDC in their reserves. This ensures that there is a strong backing for the USDC tokens, providing stability and trust in the market. It's important to note that Circle is not the only entity holding USDC reserves, as other reputable institutions also contribute to the overall reserves.
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• Jemi RiosMar 12, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, has mentioned that Circle holds a significant amount of USDC in their reserves. This is in line with Circle's commitment to transparency and ensuring the stability of USDC. It's worth noting that BYDFi itself holds a diverse range of digital assets in its reserves.
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• ALI RAZA SYEDJun 27, 2022 · 3 years ago
  Circle's USDC reserves are quite substantial, which contributes to the stability and trustworthiness of the USDC token. The exact amount of reserves may fluctuate due to market dynamics, but Circle has a track record of maintaining a robust reserve to back the USDC tokens in circulation.
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