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With the recent collapse of most stablecoin platforms, Circle, a stablecoin issuer, has released a transparency report, detailing its USDC reserve. Terra’s demise raised doubts about Circle made a big pledge this week in announcing its plans to become the first operator of a stablecoin to list on the New York Stock Exchange: chief executive Jeremy Yesterday, Circle the administrator of the USDC stablecoin (market cap $27 billion), shared details about the assets that underpin the digital currency as the company Circle already helped set a standard for transparency with monthly attestation reports from a globally recognized account that details the assets backing USDC. Deep connectivity to the banking system is critical to maintaining price stability, ensuring timely redemption, and mitigating operating risks. During the 12 months ending on Octo We consider the price stability performance over the past 12 months to be a weakness for USDC. In March 2025, the peg dropped by 13%, in the secondary market, after Circle confirmed that Circle, the company behind USD Coin (USDC), has published a transparency update for reserves backing USDC, following up on its promise to become more transparent. To further solidify its trust, Circle, the stablecoin issuer, released a transparency report highlighting its assets. JUST IN: Circle has reported $42.1 billion in US

Circle, a leading stablecoin issuer, has released its first transparency report, reinforcing the stability of USDC and the assets backing it. With the recent collapse of most stablecoin platforms, this move aims to build trust and confidence in the USDC ecosystem. This follows Circle\'s promise to become more transparent, especially after Terra’s demise raised doubts about the stability of algorithmic stablecoins.

Circle\'s USDC Transparency Report: A Deep Dive

Circle\'s commitment to transparency is crucial for the long-term health of the stablecoin market. Yesterday, Circle, the administrator of the USDC stablecoin (market cap $27 billion), shared details about the assets that underpin the digital currency. The transparency report provides a detailed look at the reserves backing USDC, addressing concerns about its stability and asset composition. JUST IN: Circle has reported $42.1 billion in US.

USDC Stability and Asset Backing

To further solidify its trust, Circle, the stablecoin issuer, released a transparency report highlighting its assets. Circle already helped set a standard for transparency with monthly attestation reports from a globally recognized account that details the assets backing USDC. Deep connectivity to the banking system is critical to maintaining price stability, ensuring timely redemption, and mitigating operating risks.

Circle\'s Promise of Transparency

Following up on its promise to become more transparent, Circle, the company behind USD Coin (USDC), has published a transparency update for reserves backing USDC. This report builds upon previous attestations and provides a more comprehensive overview of the assets backing USDC. Circle made a big pledge this week in announcing its plans to become the first operator of a stablecoin to list on the New York Stock Exchange: chief executive Jeremy.

Addressing Concerns About USDC Stability

While Circle is striving for transparency, it\'s important to acknowledge past price fluctuations. During the 12 months ending on Octo We consider the price stability performance over the past 12 months to be a weakness for USDC. In March 2025, the peg dropped by 13%, in the secondary market, after Circle confirmed that. However, Circle is actively working to mitigate these risks and maintain the stability of USDC through robust asset backing and operational practices.

This first transparency report represents a significant step towards greater accountability in the stablecoin industry and demonstrates Circle\'s commitment to ensuring the long-term stability and trustworthiness of USDC.

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