Circle Dollar - USDC News

Bermuda Now Accepts Tax Payments in USDC Stablecoin
Bermuda Now Accepts Tax Payments in USDC Stablecoin
17 October 2019, 08:09
The government of Bermuda has reportedly become the first jurisdiction to accept tax payments in the USDC stablecoin.
Grant Thornton LLP Confirms USDC is Backed
20 January 2019, 00:23
An attestation report released on Wednesday by the professional auditing firm, Grant Thornton LLP, confirmed that crypto startup Circle had enough fiat reserves to back the total supply of its USDC stablecoin at the end of 2018.
Stablecoin Adoption Is Up 1032% in November
Stablecoin Adoption Is Up 1032% in November
11 December 2018, 17:28
A 1032% increase in the stablecoin usage was posted in November while transactions involving the fiat-pegged cryptocurrencies kissed the $2.3 billion mark. The Paxos Standard which now has a market cap of $93 million was one of the most successful stablecoins with $1.8 billion posted on Ethereum transactions.
Circle’s Stablecoin (USDC) Reserves Confirmed By Accounting Firm
Circle’s Stablecoin (USDC) Reserves Confirmed By Accounting Firm
24 November 2018, 12:18
USDC - stablecoin issued by Circle has been audited by Grant Thornton LLP. The coin is backed 1:1 by the US Dollar with total amount of USD in custody equal $127,412,240.89 as of October 31.