USDC August Audit Report: The issued and outstanding USDC does not exceed the escrow dollar balance

Independent accounting firm Grant Thornton has released an August audit report for the USDC dollar reserve. The report shows: 1. At 23:59 on August 31, Pacific time, the number of issued and outstanding USDC tokens was 453,785,690 USDC; 2. At the same time, the US dollar reserve in the escrow account was US$453,848,516; 3. As of the audit date of the report The issued and outstanding USDC tokens do not exceed the dollar balance held in the escrow account.