Digital asset company Wenia has integrated Chainlink Proof of Reserves

2024-07-25 21:35:53
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ChainCatcher news, according to official sources, Wenia, a digital asset company under the Colombian Banking Group, officially launched today and integrated Chainlink Proof of Reserve (PoR), achieving end-to-end transparency for the underlying assets of the COPW stablecoin.

Chainlink PoR is directly integrated into the minting function of the stablecoin, protecting users from infinite minting attacks, meaning the risk of COPW being overissued without sufficient reserves.

Currently, Wenia users can directly exchange COPW for Bitcoin, ETH, MATIC, and USDC within its application, ensuring transaction security.

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