Use cases for stablecoin issuers and digital asset infrastructure
Stablecoin issuers, tokenization platforms and custody and wallet providers run the infrastructure other firms build on, so supply, reserves and freezes have to be tracked on every chain without gaps.
Use cases by type of firm
69 use cases
Stablecoin payments
- Onchain FX between stablecoinsSwap between stablecoin currencies onchain and record the rate and settlement of each trade.
- Token distributions to holders and creditorsPay one asset out to thousands of holders, creditors or employees and prove each delivery.
- Stablecoin wallet top-upsCredit a user’s app balance when a stablecoin transfer to their embedded wallet confirms.
- Confirm x402 and agent stablecoin paymentsConfirm stablecoin payments that AI agents make, often per request, and keep each agent within its spending limits.
- Crypto exchange deposit detectionDetect deposits to each exchange user’s addresses, wait for enough confirmations and credit the user once.
Stablecoin issuer operations
- Stablecoin mint and redemption monitoringRecord every mint and redemption of a stablecoin as it happens, on every chain.
- Continuous proof of reservesCompare onchain supply with reported reserves on a schedule, then publish the ratio or alert on a gap.
- Daily stablecoin supply by chain for PS-01 reportsKeep the daily per-chain supply, issued, redeemed, issuer-held, frozen and lost figures that feed the weekly OCC PS-01 report.
- Month-end stablecoin supply for reserve reportsProduce the month-end supply across all chains that the monthly reserve report and its examination need.
- Stablecoin redemption spike alertsAlert when redemption requests in a single 24-hour period pass 10% of a brand’s outstanding issuance, the point at which the OCC must be told within 24 hours.
- Stablecoin depeg and manipulation alertsAlert the issuer when its coin trades off peg in its own pools or pool activity looks like manipulation, on every chain it runs on.
- Tokenized money market funds in stablecoin reservesTrack stablecoin reserves held as tokenized money market fund shares and check them against the reserve record.
- Stablecoin freezes and seizuresRecord every freeze, seizure and burn on a lawful order, with the balance it affected.
- Stablecoin admin action logRecord every mint, burn, freeze, clawback and role change with its time and signer for risk and audit review.
- GENIUS Act stablecoin reporting dataFile the weekly OCC PS-01 report from daily per-chain supply, freeze and holder data.
- Stablecoin holder concentration reportingList every wallet holding over 2% of supply and the top 20 redemption wallets each day, for the weekly PS-01 report.
- Supply data for stablecoin issuance platformsGive an issuance platform one view of supply across every coin and chain it runs.
- Stablecoin distributor revenue shareAttribute holdings, mints and burns to each distributor across wallets and chains.
- ERC-3643 eligibility and allowlist trackingTrack ERC-3643 identity and eligibility changes so only approved holders can receive a security token.
- MiCA stablecoin reporting dataReport holder counts, issuance and volumes each quarter for asset-referenced tokens above €100M in issue, and for EMTs in non-EU currencies.
- MiCA daily usage cap for stablecoinsTrack the quarterly average of daily transactions and their value against the 1M transactions and €200M a day limits, and warn well before an issuer must stop issuing.
Stablecoin treasury and reconciliation
- Stablecoin mint and burn tie-out to reservesMatch each mint and burn to a reserve movement for the monthly examination.
- Onchain data for crypto accountingSend priced onchain activity to a crypto subledger so finance can close the books.
- Intercompany settlement in stablecoinsSettle what group entities owe each other in stablecoins, and land each transfer beside the intercompany ledger.
- Reconcile tokenized and book-entry positionsCheck that tokenized positions match the book-entry or custodial records they mirror.
- Crypto client asset segregationShow which wallets and balances belong to the firm and which to clients, at any date.
Tokenized assets
- Keep gold and commodity tokens backedKeep gold and other commodity tokens matched to vaulted holdings, and alert on any gap.
- Tokenized fund register across chainsCombine holdings of one fund issued on many chains into a single register.
- Keep tokenized stocks backed one to oneCheck token supply on every chain against the shares or fund units held in custody, and alert on any gap.
- Tokenized fund subscriptions and redemptions across chainsTrack subscriptions and redemptions of a tokenized fund as mints and burns across every chain it’s on.
- Onchain shareholder register for transfer agentsKeep a transfer agent’s official register of a tokenized fund or stock in step with onchain transfers.
- Crypto fund NAV calculation from onchain holdingsValue a fund’s wallet and vault positions at the cut-off so the administrator can compute and report NAV.
- Onchain primary issuance and allocationsRecord shares issued onchain at issuance or IPO straight into the register.
- Security token recovery for lost walletsRecord when an issuer reissues a lost security token to a new wallet after identity checks.
- Publish tokenized fund NAVs and marks onchainPublish a tokenized fund’s NAV to every chain the fund is on, on a schedule.
- Proxy voting for tokenized securitiesRun proxy votes and corporate-action elections for tokenized holders as of a record date.
- DvP settlement monitoring for tokenized assetsMatch each delivery-versus-payment settlement of a tokenized asset to its booked trade, and alert when a trade, or one leg of it, hasn’t settled by the deadline.
- Tokenized stock mint and redeem against ordersTrigger mints and redemptions when a customer buys or sells, and record every step for the books.
- Wrapped bitcoin reserve monitoringCheck a wrapped bitcoin token’s supply on every chain against the BTC at its custodian’s reserve addresses, and alert on any gap.
Crypto compliance data
- Secondary-market sanctions sweeps for token issuersScreen every holder and transfer of your stablecoin, not only your direct customers.
- Crypto wallet monitoringGet an alert when a watched wallet makes a large transfer, crosses a balance limit, wakes after dormancy or pays an unknown counterparty.
- Crypto wallet screening and sanctions dataFlag transfers that touch sanctioned or high-risk addresses.
- Smart contract and wallet monitoringWatch your contracts and wallets for attacks and unexpected changes.
- Data for crypto AML transaction monitoringFeed complete transfer data to AML tools with lineage from the chain to the case.
- VASP and counterparty due diligence dataProfile a VASP, issuer or counterparty by its onchain exposure before onboarding it and while the relationship lasts.
- Blockchain forensics data feedGive investigators full history and traces across chains.
- Crypto source of funds and wealth checksTrace where a client’s onchain funds came from to document legitimate wealth at onboarding.
- Token listing due diligence for exchangesCheck a token’s supply, holders, liquidity and risky links before an exchange lists it, and after.
- Crypto scam and money mule detection dataFlag payments to scam-linked wallets and customer accounts that act as money mules.
- Address poisoning detectionFlag the zero-value, dust and fake-token transfers that lookalike addresses plant in a user’s history, and warn before anyone pays one.
- Onchain supervisory monitoring for regulatorsGive examiners one view of licensed firms’ onchain activity to test against what the firms report.
- Pre-signing policy checks for custodiansCheck a transaction against policy and risk verdicts before the custodian signs it, and block the signature if it fails.
- Show token approvals and value at risk in your appShow each wallet’s open token approvals and the value at risk, with a prompt to revoke.
- Crypto Travel Rule dataMatch outgoing transfers to Travel Rule messages sent through a partner network.
Digital asset services for banks and brokers
- Embedded wallet balances and historyShow balances and history for wallets embedded in a fintech app.
- Crypto custody statementsProduce custody statements from onchain balances at a statement date.
- Token vesting and unlock trackingIndex vesting contracts so platforms, custodians and funds can show each grant, what has vested, what was claimed and the next unlock.
Onchain automation and custom oracles
- Run your own oracle price feedPush prices and other data to contracts on many chains.
- Onchain circuit breakersPause a token, market or payout when a rule is breached.
- Onchain interest rate, funding rate and volatility feedsPublish interest rates, funding rates and volatility benchmarks to contracts.
- VRF and verifiable randomness for smart contractsDeliver signed random values to contracts for prize draws, lottery allocations and random selection, checkable by anyone.
Blockchain data for your systems
- Archive node RPCRead any past state through archive RPC.
- Improve RPC uptime and reliability with failoverRun a second data provider behind the incumbent and fail over when it drops data.
- Optimize your RPC endpoints and cut RPC costsAutomatically optimize your RPC endpoints and lower billable calls while keeping your current provider.
- Track stablecoin issuers and competitors onchainFollow competitors’ and issuers’ supply, mints, burns and holders.
- Onchain data for risk ratings and scoringSupply wallet and protocol history to the models that rate DeFi risk or score borrowers.
- Improve blockchain data API reliability and coverageKeep wallet balances, transfers and token prices arriving when a third-party blockchain data API has an outage, rate limits you, lacks a chain or returns wrong balances.
- Improve blockchain webhook reliabilityKeep onchain event notifications arriving at your backend, with retries, reorg corrections and a backup feed.
- Stablecoin market data for analytics: market cap, supply and activityTrack stablecoin supply and market cap by token, chain and issuer, with holders, active addresses, transfer counts and velocity over time.
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