In a press release, Jewel said JUSD will maintain a reserve ratio with a minimum of 1:1 with the US dollar, ensuring the bank will always have funds i
In a press release, Jewel said JUSD will maintain a reserve ratio with a minimum of 1:1 with the US dollar, ensuring the bank will always have funds in its reserves to support each JUSD in circulation. The bank will also conduct regular audits of its stablecoin reserves, and will provide reports on a monthly and quarterly basis.
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