Stablecoin Glossary
Attestation
In stablecoin reporting, an attestation is an independent practitioner's assurance engagement on specified information, such as reserve balances or the relationship between reserves and tokens outstanding, under a defined scope and reporting date or period.
Explanation
Stablecoin issuers often use assurance reports to provide independent evidence about reserve information. The practitioner tests the subject matter and reports a conclusion under the applicable assurance framework. Scope matters. An attestation may address selected reserve balances or management assertions without examining the issuer's complete financial statements, internal controls, or broader business risks.
Why it matters
Readers need to understand the assurance scope before treating an attestation as evidence about the issuer's overall financial condition.
Example
A monthly assurance engagement may test whether specified reserve assets equal or exceed stablecoins outstanding at the reporting date.
Related terms
Last reviewed: September 2026