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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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  • Historical Bitcoin trend calls for $330K BTC price before bull market ends
  • SOL price drop to $120 looks likely, but there’s a silver lining
  • Bitcoin Knots gain ground: Will a chain split kill BTC price?
  • ‘Policy procrastination’ leaves UK trailing EU, US in crypto regulation: Experts
  • XRP price rally’s biggest earners are selling $68.5M tokens every day
  • XRP price rally’s biggest earners are selling $68.5M tokens every day
  • ZachXBT slams Bitcoin bridge Garden Finance for laundering hacked funds

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