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StableStock Launches Transparency Feature, Enhancing Real Stock 1:1 Verification Mechanism
Summary: In a recent update, StableStock has introduced a Transparency page, allowing users to access on-chain trading records, asset reserves, and third-party reconciliation data. Users can now verify in real-time the minting, burning, buying, and selling of stock tokens, ensuring a 1:1 reserve ratio with actual stocks. The Transparency page will also regularly disclose weekly reconciliation ...
In a recent update, StableStock has introduced a Transparency page, allowing users to access on-chain trading records, asset reserves, and third-party reconciliation data. Users can now verify in real-time the minting, burning, buying, and selling of stock tokens, ensuring a 1:1 reserve ratio with actual stocks.
The Transparency page will also regularly disclose weekly reconciliation reports provided by licensed brokers and custodians, aligning off-chain transactions with on-chain records to establish a comprehensive verification mechanism. The company stated that this feature is not only a Proof of Reserve but also a complete transaction reconciliation system, aiming to maximize asset security and transparency while setting a new benchmark for on-chain stock liquidity development.
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Link: StableStock Launches Transparency Feature, Enhancing Real Stock 1:1 Verification Mechanism [Copy]