Been poking around USD1's new proof of reserves dashboard and this is actually impressive.


$4.6 billion in reserves, 100% collateralization, updated in real time via Chainlink. You can literally watch it refresh. They've got supply broken down by chain too - Ethereum, BNB, Solana, Tron, Aptos, even Monad.
Most stablecoins give you a PDF every quarter and expect you to trust it. This is just live data, on-chain, verifiable by anyone. The code is open source if you want to run it yourself.
Not sure why more stablecoins don't do this. Probably cos they can't.
LINK1,57%
ETH2,55%
BNB2,49%
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