Sea
Sea|2月 28, 2026 12:40
In recent years, the cryptocurrency industry has been dominated by players such as Bitcoin, Ethereum, exchanges, stablecoins, and others. The issuance of stablecoins is a great business, with guaranteed returns in droughts and floods, and extremely fierce competition. It also gave us individual investors the opportunity to arbitrage from it. Last time, due to the FUD of collaborative attacks, USD1 briefly decoupled (https://(x.com)/SeaBitcoin/status/2022594376216817710). Although it quickly returned to anchor, in the market of startled birds, it has added another layer of concern for the detachment of stablecoins. The USD1 team reacted quickly and brought a reassurance to the market today. Its publisher @ worldlibertyfi has partnered with ChainLink to launch a real-time updated proof of reserve, which can be viewed here: https://por. (worldlibertyfinancial.com)/ At present, several top stablecoins in the market regularly release reserve proof reports, but the frequency varies. USDT releases audit reports once a quarter, while USDC and USDG both release them once a month. USD1 has achieved real-time updating of reserve data through cooperation with ChainLink, which should be the industry's first. Its logic is that BitGo pushes the total amount of reserves, distribution across different chains, and other data to ChainLink CRE, which then verifies the signature and updates it on the chain without human intervention. Users can view the entire process in real-time at any time. And BitGo has just gone public recently, and it also needs to undergo scrutiny from third-party institutions, theoretically ensuring the credibility of its data sources. I don't know if this action of USD1 will 'roll' other stablecoin issuers and increase the frequency of updating reserve proof, as WLFI has open-source this mechanism. The bear market does not aim to achieve a certain level of return, but rather to minimize the loss of principal.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads