Date: 2025-04-14
Key takeawaysStablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys.Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence.Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations to reflect only actively circulating coins.USDC sets an industry benchmark with regular third-party attestations, transparent reserve reporting and compliance with MiCA regulations.Stablecoins play a crucial role in the digital asset ecosystem, bridging traditional fiat currencies and the decentralized world of cryptocurrencies. How can you be confident...
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