Noon Launches Real-Time Transparent Reserve Verification

According to Foresight News, Noon, the stablecoin yield protocol on the Beam chain, published a post on X stating that its reserve data is now updated in real time to ensure transparency and verifiability. Noon emphasized that it is impossible to change or view the status of the data before it is made public, thereby ensuring the integrity of the entire verification process.

Noon said that this move is not only to prove solvency, but also to establish a transparent standard based on trusted data aggregation that goes beyond self-reporting. Noon plans to promote changes in the accountability mechanism in the Web3 field, and hopes that more industry participants will follow up to achieve the verifiability of trust.