Stablecoin Demand Soars in Argentina After 192% Annualized Inflation in June

Market Commentary 💬 

Announcement 📢 

Our latest #ProofofReserves Attestation, as of June 30th 2022, has been completed and it will be available to all of our clients before the end of July.

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— Ledn (@hodlwithLedn) July 5, 2022

As you know, Ledn was the first ever digital asset lender to introduce a Proof-of-Reserves standard that we complete every 6 months with Armanino, a certified public accountant in the U.S. The exercise consists of Armanino reviewing all of Ledn’s client balances, as well as all of Ledn’s assets in our custodian, bank accounts, lending relationships and trading partners. The exercise ensures that Ledn has properly accounts for all of its assets to match or exceed its liabilities. 

You can learn more about the process in our Proof of Reserves page.