> ## Documentation Index
> Fetch the complete documentation index at: https://developers.circle.com/llms.txt
> Use this file to discover all available pages before exploring further.

# xReserve Overview

xReserve is an interoperability infrastructure that lets blockchain teams deploy
USDC-backed stablecoins on their own chains. It is powered by programmatic
attestations and Circle-deployed smart contracts that hold USDC in reserve on
source chains such as Ethereum. USDC-backed stablecoins deployed through
xReserve are interoperable with each other and with the broader USDC network.

## Key benefits

xReserve offers a range of benefits for blockchains, developers, and end users:

* **Day 1 liquidity**: Tokens created using xReserve are connected to the
  broader USDC network, allowing users to seamlessly move tokens across
  blockchains.
* **Interoperability**: Users can make 1:1 transfers between USDC-backed
  stablecoins and USDC.
* **Deployed by Circle**: xReserve holds USDC in a smart contract deployed by
  Circle.
* **Minimized trust assumptions**: xReserve attesters verify deposits and burns,
  reducing reliance on third-party services to convert USDC.