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Circle discloses full breakdown of $55.7B USDC reserves

As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions.

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Circle discloses full breakdown of $55.7B USDC reserves

As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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