According to official news, blockchain security company CertiK recently launched stablecoin security audit and compliance consulting services to assist the safe development of the stablecoin field. As an important bridge between Web3.0 and the traditional financial world, stablecoins are the core area of Web3.0 innovation and regulatory development. With the expansion of blockchain technology application scenarios, the security and compliance issues of stablecoins have also received widespread attention. Currently, many regions, including Hong Kong, Singapore, Japan, the United States, the European Union and the United Kingdom, have introduced regulatory frameworks or guidelines for stablecoins. The CertiK team has also recently served as a consulting expert, providing professional advice to the Monetary Authority of Singapore (MAS) in formulating its stablecoin framework and was recognized by the latter.
Previously, CertiK has provided stablecoin-related security audit and compliance services to a number of companies, including Singapore's first licensed stablecoin issuer Paxos, Paypal, UBS, SBI, DBS, HSBC, etc. Through these cooperations, CertiK has accumulated rich experience and will continue to improve its products and services to meet market demand. The stablecoin security audit service launched by CertiK covers smart contract audits and security and stability evaluation of the underlying blockchain.