Circle Internet Financial, the issuer of USD Coin (USDC), ensures that all issued USDC tokens are fully backed by US dollars held in reserve, with the circulating supply standing at over 14.6 billion as of April 30, 2021, according to an attestation report by Grant Thornton LLP. This independent accounting firm regularly confirms that the US dollars in custody accounts are at least equal to the outstanding USDC tokens, with monthly reports providing transparency on the reserves. Circle aims to enhance economic opportunities globally by making money movement more accessible and efficient, while upcoming developments include the launch of USDC and CCTP V2 on the XDC Network and innovations like the Stableit SDK for cross-chain USDC transfers, underlining Circle's commitment to financial transformation and inclusion.