As Other Stablecoins Fall Apart, USDC Publishes Its Asset Reserves Report on ZyCrypto

The issuers of stablecoins have come under scrutiny about the integrity of the reserves used to support the tokens that they distribute. As of the 31st of July in 2022, the reserves report that was prepared by Circle Internet Financial LLC (Circle), the company that issues the stablecoin USDC, has been made public. The website…