Poundtoken Has Integrated Chainlink Proof of Reserve (PoR) to Help Secure GBPT Minting
Poundtoken is excited to announce that we have integrated Chainlink Proof of Reserve (PoR) to enable real-time visibility into the reserves backing GBPT, our fully-backed GBP stablecoin regulated in the British Isles. Chainlink PoR is also used to help secure the minting function of GBPT, helping ensure that the circulating supply of GBPT does not increase beyond the amount of off-chain fiat reserves held via safeguarded accounts at Bank Frick. Poundtoken has previously announced our intent to integrate Chainlink—find more information about the technical details of the integration and the automated workflow that helps ensure that no unbacked GBPT can be minted.
Source
https://t.me/Matic_Chainlink_Monero
