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Stablecoin groups Circle, Paxos test new tech to verify crypto payments

Stablecoin heavyweights Circle Internet Group Inc. and Paxos Trust Co. have piloted a new way to prevent copycats and help companies verify their digital asset holdings

Bluprynt’s technology gives “provenance upfront, reducing complexity, and providing regulators and investors with the transparency they need,” Brummer said. He noted that could help curb losses due to counterfeit tokens and impersonation attacks.