Bluprynt Shatters Barriers: Completes World’s First KYI Verification for USDC Global Stablecoin
Bluprynt just rewrote the rulebook—launching the planet's first Know-Your-Intermediary (KYI) verification for a major stablecoin. USDC gets the green light.
Why This Matters
Traditional compliance frameworks treat digital assets like legacy securities—cumbersome, slow, and wildly outdated. Bluprynt’s KYI model flips the script. It verifies intermediaries, not just end-users, slashing onboarding time and cranking up trust.
No more guessing which counterparties are legit. The system validates liquidity providers, brokers, and institutional handlers in near real-time. That means fewer frozen funds, fewer regulatory surprises—just smoother transactions.
Behind the Scenes
The tech uses on-chain behavior analysis, cross-jurisdictional regulatory alignment, and smart-contract based attestations. It’s compliant without being obstructive—a rare feat in an industry that often confuses red tape with risk management.
Big Picture
This isn’t just a compliance upgrade—it’s a liquidity catalyst. Verified intermediaries can operate across borders with reduced friction, opening corridors that were previously choked by compliance doubts. Expect deeper pools and tighter spreads.
Of course, in traditional finance, they’d form a committee, draft a 200-page consultation paper, and maybe launch a pilot in five years. Bluprynt just did it in one.
So while Wall Street still faxes documents and argues about wire fees, crypto is once again eating its lunch—with extra sauce.
Crypto and stablecoin regulation
With regulators, including the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and U.S. Securities and Exchange Commission increasing their regulatory oversight as they demand for stronger provenance, Blueprint’s significant milestone is even more notable.
According to Bluprynt chief executive officer Chris Brummer, USDC is not just a stablecoin ready for the regulation under the OCC, FDIC and SEC, but also an asset set against future compliance challenges.
“What we need are cryptographically native solutions that are fit for purpose, combining ease with rigor,” Brummer noted. “KYI embodies this principle by offering regulators and issuers a practical, verifiable tool to strengthen trust and transparency in digital finance.”
USDC, pegged to the U.S. dollar, is the world’s second largest stablecoin by market capitalization behind Tether (USDT).
Circle’s stablecoin boasts a market cap of over $70 billion while USDT stands at around $167 billion, and the two companies account for nearly two thirds of revenue across crypto.
As stablecoins hit the global adoption stage, compliance has become a key requirement. This trend has seen Circle take a proactive approach towards meeting required guidelines, including as laid out in stablecoin frameworks such as the European Union’s MiCA and the GENIUS Act in the U.S.
