[triumphantomato]

This doesn't seem to be true, could you help me see what I'm missing?

USDC has been audited yearly since 2018 as part of Circle's financial statements, with years 2020 and 2021 publicly available with the SEC: https://www.circle.com/blog/how-to-build-trust-usdc-audits-a...

Circle also does monthly attestations - independent, signed reviews by third party accountants - on USDC holdings. Those are available here: https://www.circle.com/en/usdc#transparency

I looked and the April '22 attestation seemed fine.

Even the FT article seems to walk back its claims about changes in the attestations as worrying, seems like their source actually is more concerned about digital currencies in general:

> “The problem to me isn’t the specifics of any one attestation, it’s the fundamental workings of these kinds of systems,” said Grey.