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Technical Implementation Details

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Last updated 6 months ago

All implementations of bUSD use a multi-wallet approach similar to a centralized exchange. We use hot ⅗ multi-signature wallets to receive funds for mint requests and process redemption requests, and cold ⅗ multi-signature wallets to hold the reserve assets onchain.

Balances between hot and cold wallets are managed in such a way to maintain fast enough mint/redemption requests for users while keeping the majority of funds secured in cold storage devices.