On August 14, the independent accounting firm Grant Thornton released the July audit report for the USDC dollar reserve. The report shows:
1. As of July 31, 23:59 Pacific time, the number of issued and outstanding USDC tokens is 435,017,581 USDC;
2. At the same time, the US dollar reserve in the escrow account is US$436,244,741;
3. As of the reporting audit date, the issued and outstanding USDC tokens did not exceed the dollar balance held in the escrow account.