According to Odaily Planet Daily, Wenia, a digital asset company under the Columbia Bank Group, announced its official launch and integrated Chainlink Proof of Reserve (PoR) to achieve end-to-end transparency for the underlying assets of the COPW stablecoin.
Chainlink PoR is directly integrated into the minting function of the stablecoin, protecting users from unlimited minting attacks, that is, the risk of COPW being over-issued without sufficient reserves.
Currently, Wenia users can directly exchange COPW for Bitcoin, ETH, MATIC and USDC in their application, and ensure transaction security.
