Stablecoin & Platform Development - Basket-indexed Stablecoin with Governance and Dashboards

Executive Summary

TokenMinds has built a fiat- and gold-indexed stablecoin. We also built its operating platform with contracts, multi-admin issuance, and compliance dashboards.

Key features we have built:

• Basket and peg contracts with index logic and a principal token

• Multi-admin issuance governance with roles and MFA/OTP

• Compliance and operations platform

Confidential Project

Industry: Fintech / Web3

Project type: Fiat- and gold-indexed stablecoin platform

Scope: 

• Basket pricing (fiat + gold index)

• Controlled issue/redeem

• Multi-admin governance (MFA/OTP, roles)

• KYC/AML, blacklist/freeze

• Web and dashboards with tracking

Client’s Objective

Launch a compliant stablecoin with basket-based price integrity. Enable controlled mint/burn, multi-admin approvals, KYC/AML with blacklist/freeze. Also user/admin dashboards with operational tracking.

Client’s Challenges

• Price transparency

Peg mechanics are opaque. A disclosed basket formula and index are required.

• Governance risk

Issuance and redemption concentrate authority. Multi-admin approvals with strong authentication are required.

• Compliance readiness

KYC/AML is not embedded operationally. Blacklist and freeze controls are required.

• Operational visibility

Monitoring is fragmented across tools. Unified web/admin dashboards with on-chain tracking are required.

TokenMinds Solutions

Basket & index contracts

Implemented basket/peg smart contracts and a principal token. Provides disclosed index computation and governed mint/burn.

Multi-admin issuance governance

Enforced multi-admin approvals with roles and MFA/OTP. Reduces unilateral actions and secures issue/redeem flows.

Compliance and risk controls

Integrated KYC/AML workflows plus blacklist and freeze/unfreeze. Embeds policy enforcement within operations.

Operations platform

Delivered web and admin dashboards with auth, encryption, wallets, calculator, and tracking. Centralizes monitoring and improves operational visibility.

1. Basket & Index Contracts

We developed smart contracts that define the fiat + gold basket, compute the index, and govern mint/burn through a principal token. This makes the peg mechanics explicit and ties pricing to disclosed basket inputs.

This development delivers:

• Transparent basket and index computation for price integrity.

• Deterministic mint/burn rules via the principal token.

• Clear peg logic that can be inspected and verified on-chain.

2. Multi-Admin Issuance Governance

We implemented multi-admin approvals with role controls and MFA/OTP to secure issuance and redemption. This prevents unilateral actions and enforces governed flows for mint and burn.

This development delivers:

• Multi-party approval for issue/redeem actions.

• Strong authentication (MFA/OTP) and RBAC protections.

• Reduced single-point control risk across operational workflows. 

3. Compliance & Risk Controls

We integrated KYC/AML workflows with blacklist and freeze/unfreeze functions. This embeds policy enforcement directly into platform operations.

This development delivers:

• Identity checks and AML screening within issuance and transfers.

• Address-level restrictions via blacklist and freeze controls.

• Compliance-ready operations aligned with stated platform requirements

4. Operations Platform (Web & Dashboards)

We delivered a public site and user/admin dashboards. With authentication, encryption, wallets, a calculator, and tracking. This centralizes monitoring and provides clear UX for balances, activity, and governance actions.

This development delivers:

• Unified web/admin views with secure auth and encrypted access.

• Wallet services and calculator for operational clarity.

• Activity and status tracking for ongoing oversight. 

Before → After : How the Platform Resolves Core Issues

Most general platforms don’t provide clear basket pricing and governed issuance. They also don’t provide embedded compliance or unified tracking. This solution delivers comprehensive price transparency, governance controls, and compliance capabilities.

Technology Stack

• AWS

• Next.js

• TypeScript

• PostgreSQL

• Foundry

• Hardhat

• Echidna

• Firebase Auth

• Sumsub

• SEON

• SendGrid

Development Process

1. Platform & Site

Build the web platform and public site. Implement authentication and encryption.

2. Dashboards

Deliver user and admin dashboards. Include wallets, calculator, and tracking.

3. Smart Contracts

Implement basket/index and principal token contracts. Define mint/burn paths and reviews.

4. Compliance Integrations 

Integrate KYC/AML workflows. Add blacklist and freeze/unfreeze controls.

5. Testing & Security 

Run unit and fuzz tests with manual review. Enforce MFA, RBAC, encryption, and ZKPs.

6. Deployments

Deploy to testnet first. Move to mainnet per milestones.

Anticipated Results

1. 100% peg transparency

All pricing events use a disclosed basket/index. Computation is auditable.

2. 0% single-admin issuance

All mint/burn require multi-admin approvals. Unilateral actions are eliminated.

3. 90% operational visibility coverage

Core workflows are tracked in unified dashboards. Teams rely less on ad-hoc tools.

Launch Your Stablecoin & Platform with TokenMinds

Deliver basket-indexed pricing, governed issuance, and compliance-ready operations