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Custom Stablecoins include proof of reserves so partners and end users can verify the asset is backed 1:1 by USDC held with Coinbase. Coinbase publishes reserve data refreshed nearly every minute, giving a near real-time view of reserves backing the asset. Anyone can view this reserve data publicly. For a live example, see Coinbase’s cbBTC proof of reserves page.

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Why it matters

Proof of reserves gives partners and end users strong transparency from day one. It makes it easier to build trust with users, regulators, and counterparties.