According to Odaily Planet Daily, Circle and Paxos are testing new cryptocurrency issuance verification technology to help entities verify their digital asset holdings. In collaboration with Bluprynt, a fintech startup founded by Georgetown Law School professor Chris Brummer, Circle and Paxos are leveraging cryptography and blockchain technology to provide issuer verification when entities issue stablecoins. This will enable tokens to be traced back to a verified issuer. (Bloomberg)