On top of it, the APIs Bazel uses to communicate with the remote execution environment is standardized and adopted by other build tools with multiple server implementation to match it. Looking into https://github.com/bazelbuild/remote-apis/#clients, you could see big players are involved: Meta, Twitter, Chromium project, Bloomberg while there are commercial supports for some server implementations.
Finally, on top of C/C++, Bazel also supports these remote compilation / remote test execution for Go, Java, Rust, JS/TS etc... Which matters a lot for many enterprise users.
Disclaimer: I work for https://www.buildbuddy.io/ which provides one of the remote execution server implementation and I am a contributor to Bazel.
But it has protobufs interfaces (IIRC), so a distributed build farm would generate the grpc endpoints for their implementation and then you tell bazel on the command line (or via .bazelrc) the address of the build farm it can use.
There's a couple of projects that implement the distributed/grpc part, the main one is https://github.com/bazelbuild/bazel-buildfarm
Yes, that's the main feature of Bazel. And it caches the generated files. Although you could do theoretically cache using ccache with distcc.