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How to read a stablecoin attestation report and why it matters

cryptoweekly by cryptoweekly
April 14, 2025
in bitcoin, News
0

Knowing how to read a stablecoin attestation report isn’t just a skill; it’s your first line of defense when verifying what’s backing your stablecoins.

Stablecoin 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.

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  • Canary Capital bets on Injective with staked ETF filing
  • 300% DOGE price rally expected if this key price level is reclaimed
  • Outrage as $1.8B ‘DGCX’ scam ringleader mocks victims: Asia Express
  • US to investigate Brazil’s digital payment system
  • Trump’s court pick would bring crypto baggage to the bench
  • Nasdaq files application to add staking for BlackRock iShares ETH ETF
  • Wall Street piles into Ethereum as stablecoins are greenlit and RWAs expand

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