币界网报道:Liberty Financial is nearing completion of an independent audit for its USD1 stablecoin, a key step toward regulatory compliance and market confidence. The U.S.-based financial services firm partnered with blockchain security firm CertiK to conduct the audit, which examines the stablecoin's reserve backing and smart contract integrity. CEO Daniel Hawthorne stated the audit results will be publicly released within weeks, emphasizing transparency as a core principle. The USD1 stablecoin aims to provide a fully collateralized digital dollar alternative, with reserves held in short-term U.S. Treasuries and cash equivalents. Liberty Financial plans to launch the stablecoin on Ethereum and Avalanche networks initially, targeting cross-border payments and DeFi applications. The move comes as global regulators increase scrutiny of stablecoin issuers' reserve management practices following several high-profile collapses in 2022. Industry analysts note that thorough third-party audits have become essential for stablecoin projects seeking mainstream adoption.