Glossary

KYC

Know Your Customer — a legal requirement for financial services to verify who their customers are, usually by collecting identification documents.

Related stories

• Pera Wallet ships 7.0 rebuild as Algorand's wallet field splits Pera's 7.0 rebuild anchors Algorand's wallet field in Aug 2026: Pera leads on upkeep, Biatec ships the newest signing safety, Defly holds at maintenance, Lute stays Ledger-first, Rocca looms.
• Brale's Algorand stablecoin rails sit empty seven months after launch A profile of Brale, the Lightspeed-backed, U.S.-regulated stablecoin issuance platform running 300+ programs across nearly 30 chains — and why its January Algorand launch has yet to produce a single mint.
• Algorand Foundation's Aug 25 x402 workshop follows a 75M-transaction month The Algorand Foundation's hands-on x402 workshop returns Aug 25 to teach payer clients and payment-gated APIs, as the protocol logs 75.4M monthly transactions — and an independent audit counts $841K of real volume.
• Biatec Wallet's published AI audits caught a critical swap-signing flaw Biatec Wallet, the open-source browser wallet for Algorand, publishes AI-run security audits in its GitHub repo. An August 2026 audit found a critical blind-signing flaw in swaps; the fix now ships in the deployed wallet.
• Valar's no-custody staking marketplace shows 83.38M ALGO staked on Algorand Valar's peer-to-peer staking marketplace keeps ALGO in holders' wallets while node runners operate consensus keys; its live counter reads 83.38M ALGO at a 5.00% yearly rate.
• No Brale stablecoin has minted on Algorand seven months after launch Brale's U.S.-regulated issuance platform has listed Algorand since January, but a mainnet search for the coins in its own registry finds no Brale-issued stablecoin — while its growth went to Canton, Solana and ION.
• Inside Valar Solutions, the hackathon winner now staking 82.98M ALGO on Algorand Profile of Valar Solutions GmbH, the Swiss team behind Algorand's 82.98M-ALGO peer-to-peer staking marketplace, Réti pool front end, xGov delegation platform — and a seat on the network's own advisory council.
• Pera Wallet rebuilds on one codebase as its card program resets Pera Wallet, Algorand's most-used self-custodial wallet, ships its 7.0 rebuild on one React Native codebase while its Immersve Mastercard program ends and a new one waits in the wings. A profile of the wallet, its staking and funding rails, and its open-source roadmap.
• AlgoVoi launches KYC-screened agent payments across seven chains AlgoVoi wraps x402, MPP, AP2 and A2A machine payments in KYC, sanctions screening and signed, offline-verifiable receipts across seven chains — self-hosted and pre-revenue, with checkable on-chain anchors but thin adoption so far.