Stablecoin attestation reports are formal documents issued by independent third parties that verify whether a stablecoin issuer holds sufficient reserves to back the tokens in circulation. Unlike full audits, these attestations provide a point-in-time confirmation of reserves, helping to establish trust in stablecoins such as USDC and Tether USDT. Transparency is vital in the crypto space, as attestation reports allow users and regulators to assess the responsible operation of issuers. The AICPA's 2025 Criteria for Stablecoin Reporting aims to standardize disclosures and improve transparency in the industry. To read these reports effectively, one should check the report date, compare circulating supply with reserves, review what assets back the reserves, and understand the methodology used in the attestation. Recent USDC reports reveal that reserves exceed the circulating supply, enhancing confidence in its backing by liquid, safe assets. However, limitations exist, such as the reports only reflecting reserves at a specific time and not guaranteeing future solvency. Users must complement these reports with due diligence and stay informed about regulatory developments and company practices to navigate the crypto landscape responsibly.

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