07:27
PANews news on July 27th, Matrixdock, a digital asset platform focused on providing tokenization solutions for real world assets (RWA), announced the use of Chainlink's Proof of Reserves (PoR) to increase its short-term treasury tokens on the Ethereum mainnet ( "T-Bill") transparency. Matrixdock is a brand of Matrixport.
The integration enables stablecoin holders of Matrixdock’s flagship Short-Term Treasury Bill Token (“STBT”) to obtain six-month exposure to U.S. Treasury securities as well as reverse repurchase agreements backed by U.S. Treasury securities. Chainlink Proof-of-Reserve (PoR) enables Matrixdock stakeholders to monitor reserves, ensuring their T-bill tokens are fully backed by U.S. Treasuries.

