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Blockchain

How to Understand a Stablecoin Attestation Report (Step-by-Step Guide)


Key takeaways

  • 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.

  • USDC sets an industry benchmark with regular third-party attestations, transparent reserve reporting and compliance…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link