Circle and Paxos Partner with Bluprynt for New Stablecoin Verification Technology

Circle and Paxos are collaborating on a novel technology to enhance the verification process of their stablecoin issuance. This partnership leverages blockchain and cryptography developed by fintech startup BluPrynt, founded by Georgetown Law Professor Chris Brummer. The aim is to provide verifiable issuer authentication during physical asset issuance for stablecoins, ultimately enabling tracking of tokens back to their original issuers.