Circle released its December 2022 reserves report, audited by GrantThornton accounting group, detailing the current makeup of the reserve vault.

Circle released a December 2022 reserve report audited by GrantThornton Accounting Group, detailing the current composition of the reserve vault, of which 44,553,543,212 USDC is backed by $44,693,963,701 in escrow accounts, a large portion of which is U.S. Treasuries.