Circle Accountant changes fine print on USDC attestation


"Most auditors and witnesses don't use the word 'correct' and it would only be used when an accurate measure is available," said Michael Shaub, a professor of accounting at Texas A&M University's Mays School of Business. "I guess crypto is one case where accurate measurement is possible. I'm just guessing, but I guess GT wasn't comfortable saying it was appropriate as it no longer matched the language of Circle, the party that made the assertion.