Circle Changes USDC Reserve Composition To Cash and Treasury Bonds

Boston-based digital currency company Circle, with the support of Centre and Coinbase, has announced that it will change the composition of USDC reserves to cash and short-term US Treasury Bonds. Per Grant Thornton’s attestation, Circle expanded beyond cash and cash equivalents already in May 2021, However, witnessing the evolving regulatory landscape and scrutiny in the The post Circle Changes USDC Reserve Composition To Cash and Treasury Bonds appeared first on Coingape.