Circle Internet Financial continues to prioritize transparency with its USD Coin (USDC) by publishing monthly attestation reports verified by Grant Thornton, which confirm that the reserve assets backing USDC match the amount in circulation. These reports detail the portfolio holdings in the Circle Reserve Fund, managed by BlackRock Advisors, and include information on short-dated U.S. Treasuries and U.S. dollar cash reserves held by leading financial institutions. The Circle Reserve Fund, a registered 2a-7 government money market fund, provides independent daily reporting and is regulated under the Investment Company Act of 1940, ensuring the safety and liquidity of USDC by maintaining separate accounts for reserves. This commitment to transparency is reflected in Circle's ongoing efforts to provide independent confirmations and detailed disclosures, ensuring USDC remains a trusted and redeemable stablecoin.