Bobbob Pty Ltd, ACN 652793318, is an authorised representative (Authorised Representative No. 1296199) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) (Sanlam). The Bobbob Account is not a bank deposit or bank account. Digital Assets (crypto assets) are not regulated in Australia and carry investment risk. Bobbob is a registered DCE (DCE100777991-001) regulated by AUSTRAC.
The information on this website contains statements of fact, but, may contain general financial advice only. This means it doesn't take into account your personal objectives, circumstances or financial needs. As investments carry risk, your capital may be at risk. Before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please ensure you have read our Terms & Conditions, Privacy Policy and Information Statement before using Bobbob. By using the Bobbob App in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone.
USDC (USD Coin) is a digital asset, a digital US Dollar. Each USDC is worth US$1.00, and is always redeemable on a 1:1 basis for US dollars. Digital dollars move at the speed of the internet and are cheaper and more secure than existing payment systems. USDC is fully backed by cash and equivalents and short-duration U.S. Treasuries, so that it is always redeemable 1:1 for U.S. dollars. Each month, Circle (https://www.circle.com/en/usdc) publish attestation reports by Grant Thornton regarding the reserve balances backing USDC.
