Elliptic Has Outlined New On-chain Risk Standards
The firm published engineering criteria for blockchain compliance as global banks prepare for a new stablecoin launch.
Updated on Oct. 1, 2026 in Financial Crime
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Elliptic has released a white paper detailing nine engineering criteria for on-chain risk systems. This move comes as several major global banks prepare to launch a joint US dollar stablecoin in the first half of 2027.
Why it matters
Regulators are rolling out new market-structure rules, such as the GENIUS Act and MiCA, forcing institutions to adapt. Increased transaction speeds from tokenized services require robust, real-time risk screening to remain compliant.
Elliptic currently maintains coverage across 65 blockchains and more than 300 bridges, exchanges, and coinswap services. The platform offers over 70 configurable risk categories to support institutional monitoring requirements.
The players
Elliptic
Founded in 2013, this London-based firm provides crypto-asset risk management and blockchain analytics solutions.
Goldman Sachs
This global investment bank is one of the financial institutions participating in a joint venture to issue a US dollar stablecoin.
Citi
As a major global banking entity, it is involved in the collaborative effort to develop a new US dollar stablecoin.
Bank of America
This multinational financial institution is participating in the bank-led consortium to launch a new stablecoin.
The details
The newly published criteria emphasize real-time computation to provide exposure data immediately upon screening. Additionally, Elliptic has implemented a primary cloud region failover system to ensure disaster recovery and prevent screening loss during high-volume periods.
Timeline
Elliptic was founded in 2013.
The API maintained 99.99% uptime throughout 2025 and 2026.
The Elliptic Standard was published in September 2026.
The Built for compliance paper was released on October 1, 2026.
The joint venture stablecoin is targeted for a launch in the first half of 2027.
Legal Context
These engineering guidelines follow a pattern set by the MiCA stablecoin requirements, which mandate stricter institutional oversight of digital assets. The move underscores a broader legal shift toward holding financial infrastructure providers to higher technical standards.
The transition to bank-issued stablecoins may eventually impact retail users through more integrated and regulated digital payment options. For now, the implementation of these risk systems aims to improve the security and legitimacy of global blockchain transactions.
The takeaway
As traditional banks enter the digital asset space, infrastructure providers are codifying standards to ensure financial stability. Readers should monitor these engineering developments as they signal the growing professionalization of blockchain-based finance.
Further reading
For more on regulatory developments, visit our Financial Crime section.
More information
Read the full Built for compliance paper for technical details.
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Do you trust that major banks can effectively regulate their new cryptocurrency stablecoin projects?
