2 weeks ago

WLFI’s USD1 Launches Real-Time Proof of Reserves Using Chainlink and BitGo

TLDR: USD1 now updates reserve backing every second, eliminating reporting gaps found in quarterly and monthly attestations. Chainlink oracles pull BitGo custody data onchain to show live supply, reserves, and collateralization ratios. The open-source dashboard allows any user to verify backing without paid tools or private access. Real-time proof of reserves shifts stablecoin transparency from [...]

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Source: Blockonomi →