Systematic approach to selecting and evaluating critical infrastructure partners while minimizing operational and counterparty risks.

🎯 Executive Overview

Vendor selection is crucial for stablecoin integration success. This framework ensures a comprehensive evaluation process that balances technical capabilities, financial stability, regulatory compliance, and operational excellence.

📊 A. Evaluation Matrix

Core Assessment Framework

Create standardized scoring mechanisms for each vendor category.

1. Scoring Categories

Vendor Assessment Criteria
├── Financial Stability
│   ├── Market Cap/Backing
│   ├── Audit History
│   └── Insurance Coverage
├── Technical Capability
│   ├── Infrastructure Robustness
│   ├── API Quality
│   └── Integration Success
├── Regulatory Standing
│   ├── Licenses
│   ├── Jurisdictions
│   └── Compliance History
└── Operational Excellence
    ├── Track Record
    ├── SLA Performance
    └── Support Quality

2. 📈 Category-Specific Scoring Matrix

Stablecoin Issuers (if required)

Criteria Weight Scoring Method
Market Cap 25% >$5B: 5, >$1B: 3, <$1B: 1
Reserve Quality 20% Asset mix, audit frequency
Regulatory Clarity 20% Jurisdiction coverage
Technical Integration 15% API capabilities
Market Adoption 20% Trading volume, partners

Custody Solutions (if required)

Criteria Weight Scoring Method
Security Infrastructure 30% MPC, HSM implementation
Insurance Coverage 20% Coverage amount/types
Regulatory Compliance 20% Licenses, certifications
Integration Capabilities 15% API coverage
Operational Track Record 15% Years active, incidents

🛠️ B. Technical Due Diligence

Comprehensive Technical Assessment

Deep dive into technical capabilities and infrastructure resilience.

1. Infrastructure Assessment

graph TD
    A[Infrastructure Review] --> B[Security Audit]
    A --> C[Performance Testing]
    A --> D[Integration Assessment]
    B --> E[Vulnerability Scan]
    C --> F[Load Testing]
    D --> G[API Evaluation]

2. 📋 Technical Checklist

Technical Requirements
├── Security
│   ├── Encryption Standards
│   ├── Key Management
│   └── Access Controls
├── Performance
│   ├── TPS Capacity
│   ├── Latency Metrics
│   └── Scalability
├── Integration
│   ├── API Documentation
│   ├── SDK Quality
│   └── Support Tools
└── Compliance
    ├── Audit Logs
    ├── Reporting Tools
    └── Compliance APIs