USDC-L Transparency
The real-time transparency engine for the USDC Lightning-native ecosystem. Verifiable collateral and circulating metrics for institutional confidence.
Balances
AMOUNT IN CIRCULATION
$
USDC-L on the Lightning Network
AMOUNT IN BACKING
$
USDC on Ethereum
BACKING RATIO
Fully collateralized
Reserves & Backing
Every USDC-L in circulation is backed 1:1 by USDC and short-term US Treasuries, held at regulated custodians and independently attested.
| ASSET | AMOUNT | CUSTODIAN | VERIFICATION |
|---|---|---|---|
USDC (Ethereum) | $97,100,000 | BitGo | On-chain |
Proof of Reserves
BITCOIN SIDE
USDC-L · Taproot Assets Group ID
b9fa2c1e8d4f3a7c6b5e2d9f0a1c4b8e3f7a2d5c9e1b4f6a0d3c7e2b5f8a1d4
BACKING SIDE
USDC · Ethereum · BitGo
0x28C6c06298d514Db089934071355E5743bf21d60
