How Stablecoin Reserves Work: Audits, Attestations and Risks

Stablecoin reserves are assets an issuer holds or designates to support its fiat-referenced tokens. A reserve report lets readers compare reported assets with covered tokens under specific criteria and on specific dates. It does not establish continuous liquidity, universal redemption access, bankruptcy protection or future price stability. Audits, attestations or examinations, and issuer-produced reserve reports... Read more