Crypto Analyst: 30% USDC Invested in Government Market Fund

Crypto Analyst John Paul Koning, who was intrigued by the findings of the Circle’s attestation report, took to Twitter to explain the reserve fund assets of USDC stablecoin. Koning examined the reports which showed that 30% of USDC’s reserves, approximately $12.79 billion, were invested in the government money market fund. Highlighting the results of the The post Crypto Analyst: 30% USDC Invested in Government Market Fund appeared first on Coin Edition .