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Testnet only: a reference implementation, not a production service. Tokens and bank transfers here are simulated and have no value.
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Transparency

Don't trust the reserves. Check them.

Every figure the issuer publishes comes with a signature, so anyone can check supply against reserves on Testnet without trusting this page.

Verify a report yourself
See it in under a minute
Transcript

Every Stablecoin Reference reserve report is signed, so anyone can check it against the key in stellar.toml. Supply and reserves are stated at a ledger, source by source, and a stale source counts as zero. Each report carries a detached signature from the report key published in stellar.toml. Snapshots are pinned to a ledger and published as signed JSON, labelled as simulated.

The Testnet reserves, right now

Loading the Testnet figures

Transparency

No one takes our word. Check it yourself.

  1. The report

    Supply and reserves, source by source, pinned to a ledger.

  2. The signature

    A detached signature from the report key.

  3. The published key

    Listed in the issuer's stellar.toml.

  4. You check it

    No account needed, and no need to take our word.

# the signed report and the key that signed it
GET  /v1/public/snapshots
GET  /.well-known/stellar.toml

Two public requests and a signature check. The guide walks through it in a terminal.

Verify a report yourself
What's published

What's in a report

  1. The supply

    The circulating total at the ledger the report states.

  2. Each reserve source

    Every source named, and a stale source counted as zero.

  3. The pinned ledger

    The ledger the figures were read at, so a reader can place them.

  4. The signature

    A detached signature that breaks if one figure changes.