Chainlink News: How Fireblocks and Chainlink are Pioneering Regulated Stablecoin Issuance

Tuesday, 17 September 2024, 04:15

Chainlink news highlights a strategic partnership with Fireblocks for regulated stablecoin issuance. This collaboration aims to enhance the compliance and security for financial institutions managing stablecoins. By leveraging technology solutions from both companies, a new industry standard is set for the stablecoin ecosystem. Together, they promise to streamline the issuance and management of regulated stablecoins across global markets.
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Chainlink News: How Fireblocks and Chainlink are Pioneering Regulated Stablecoin Issuance

Chainlink and Fireblocks Innovate in Stablecoin Issuance

Chainlink news reveals a game-changing partnership between Chainlink Labs and Fireblocks aimed at empowering financial institutions with secure technology for regulated stablecoin issuance.

The Partnership Explained

  • End-to-end technology solutions for financial institutions deploying regulated stablecoins.
  • Comprehensive tokenization engine to securely mint, custody, distribute, and manage tokenized assets.
  • Advanced features ensuring compliance, custody, and liquidity distribution.

This collaboration provides institutions a complete overview of their stablecoin assets, including reserves, market value, and supply across various blockchain networks.

Significant Milestones

Fireblocks and Chainlink were instrumental in launching the COPW stablecoin in July, which enhances the transparency of Bancolombia Group’s 1:1 peso-backed stablecoin.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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