And when the business started to move up, compliance was becoming a new watershed

The currency of stability is becoming a daily tool for a growing number of enterprises. Advertising, supply chain procurement, global team pay...Stabilized coins finally bid farewell to Carton for cross-border payments. But while bringing efficiency, new hidden compliance risks are embedded:

There is no problem with chain transfers, but the bank controls suddenly
The vendor ' s receipt address appeared clean and was reviewed with exposure to risk chains, etc。

These are not occasional, but the reality “holes” that are common in the settlement of currency. It is the long-term moat of enterprise growth that avoids non-compliance and establishes clear, traceable and auditable settlements。

I. Transparent chain

Many companies are puzzled when they first encounter wind control: why is the chain clean

The reason is simple: transparency in the chain is not the same as transparency in the chain. Businesses see the state of an address, but the regulatory focus is on the source of the funds, the nodes through which they pass, and the eventual flow。

From a regulatory perspective, a link may involve: a chain address, a chain-based approach to payment, a liquidation structure, cross-border compliance requirements, a bank access path ... Any chain is not transparent and the enterprise ultimately bears the risk。

In other words, regulation depends not only on whether it is clean, but also on whether it can be explained。

II. THE STRUCTURE RISK DEEPED UNDER THE COMPREHENSIVE WAY

Businesses do not want to comply, but many chain settlements appear to be working properly, but are structurally difficult to audit and are also the source of frequent wind control。

Most typically, suppliers use a pool structure. All client funds are managed in combination and are cost-effective, but chain attribution is difficult to distinguish. Another type of risk arises from the bottom-to-chain pattern. The address on the chain may be clean, but the sources of funding under the chain are not reviewed and there is no endorsement of qualifications. Some enterprises under the chain do not see, but bear the risk of transmission。

There were also problems at the practical implementation level, such as the lack of compliance qualifications of cooperating service providers, the passage of funds through unsupervised liquidation nodes, the way in which funds were pooled did not meet local requirements, and the inability of wind records to be made available to auditors. Once regulation or bank queuing has been triggered, enterprises have stated that they are unclear about the financial process and are placed on the high-risk review list。

These problems eventually lead to three types of mines for enterprises:

1. Freezing of accounts: For the first time, many enterprises have encountered a sudden freezing of accounts by banks, probably because of a lack of clarity on the route of funds. This is not a counter-link; rather, banks are required to assume regulatory responsibility for suspicious acts。

2. Address risk: Whether an address has a high-risk activity or whether a smart contract has been labelled may affect the level of risk in which the enterprise receives the money. As regulations become more stringent, each step of the chain becomes an important basis for assessing corporate risk。

3. Counter-party risk: There are many payment tools on the chain, but very few can really carry the test on compliance, auditing, and controls. Some businesses did not find faults in the chain until the collaborator “storm mines”。

III. Tightening regulation: How can enterprises build a consistent and stable currency settlement system

The global regulation of stable currencies is becoming clearer, and the requirements of national regulatory bodies point to traceability of sources, interpretation of pathways and auditability of access money。

The stabilization currency was an innovative tool for Web3 and is now gradually being mainstreamed into the financial system. This means that future businesses must use stable currency through a compliance chain. In addition, the larger the business, the more complex the funding path, the more necessary it is to make the process of wind control, liquidation and compliance a real infrastructure。

As a provider of innovative financial infrastructure linking Web2 to Web3, Interlace’s practice has brought some common inspiration to industry: to build clear links, it is essentially to secure compliance with asset, link, clearing, and wind control。

• AT THE ASSET LEVEL, FUNDS ARE SEGREGATED AND ASSET MANAGEMENT REFINED BASED ON AN ENTERPRISE-LEVEL, NON-TRUSTEE MPC WALLET STRUCTURE AND A MULTI-LEVEL LEDGER SYSTEM. EACH FUND HAS AN INDEPENDENT TRACEABILITY THAT IS NOT MIXED INTO AN UNDIFFERENTIATED POOL AND REDUCES OPERATIONAL AND COMPLIANCE RISKS FROM SOURCE。
• AT THE CHAIN LEVEL, THROUGH THE ONGOING KYT CHAIN BEHAVIOURAL ANALYSIS AND PATH RISK IDENTIFICATION MECHANISM, ENTERPRISES ARE ABLE NOT ONLY TO JUDGE WHETHER A RECEIVING ADDRESS IS “CLEAN”, BUT ALSO TO LOOK INTO THEIR SOURCES OF FUNDING, CHAIN STRUCTURES AND POTENTIAL RISKS, AND TO ACHIEVE INTERPRETABILITY AND TRANSPARENCY IN THE CHAIN。
• At the level of access money, clear audit links for chained assets entering the banking system have been established, based on the licensing system of the judicial district of Torto and the supervised bank-end corridor. Within the framework of compliance in different regions, enterprises can obtain transparent, verifiable and archived access money certificates to reduce regulatory uncertainty in cross-border operations。
• At the security level, bank-level protection of funds management and user data is ensured throughout the chain through an enterprise-level security system that is in line with PCI-DSS Level 1 plus MPC technology, automated wind control and all-weather monitoring。

The goal of these mechanisms is not a stack of functions, but rather a transparent, robust, auditable and scalable capital infrastructure that helps enterprises to remain compliant in terms of business growth。

Compliance is not a cost, but a moat of stable currency

The future of stable currency payments is by no means faster than who transfers it, but who can prove that his assets, links are clean, transparent and compliant when necessary。

For enterprises using a stable currency, real efficiency was never “cheap and fast”, but “long-term, auditable and scalable”. Only by establishing an interpretable link can a stable currency truly become the enterprise ' s global settlement infrastructure, rather than a short-term instrument that poses occasional risks。