Security, reliability and connectivity to all the key points you want to access on-chain, these are the key features Chainlink offers. Actually providing these three key features will continue to lead to a growing network effect of the top on-chain assets choosing Chainlink for cross-chain interoperability, all data and many other key operations like off-chain orchestration using CRE.
WBTC is the largest form of wrapped Bitcoin available, which is being managed by BitGo, a licensed custodian that takes their system's security seriously. After a thorough security review of Chainlink vs the alternatives they have chosen CCIP as their preferred cross-chain method for the world's largest wrapped crypto asset.
https://t.co/fR0PucO4Xg
This shift by WBTC will now have CCIP powering approximately 70% of all wrapped Bitcoin, which even if it wasn't the case initially, became that way eventually due to the security, reliability and connectivity of CCIP. This is a clear example of how building for security (e.g. multiple nodes that sign) and reliability (e.g. many nodes stay up during an AWS regional outage) is the right long-term approach to accrue a market leading position, one on-chain asset type after another. This approach is also how Chainlink got its 70%+ market share in DeFi; this works in an industry that values security and reliability.
It's time to pass the Clarity Act 🇺🇲
After years of bipartisan work, the U.S. is closer than ever to establishing clear rules for the digital asset industry.
Regulatory clarity fosters innovation, protects consumers, & helps establish America as the crypto capital of the world.
Congratulations to @The_DTCC on processing its first-ever production trades of tokenized U.S. securities, powered by Chainlink alongside 30+ major institutions:
• BlackRock
• J.P. Morgan
• Goldman Sachs
• Vanguard
• NYSE
• Nasdaq
• CME Group
• Microsoft
• State Street Investment Management
• BNP Paribas Securities Corporation
• Societe Generale
• S&P Dow Jones Indices
• Citadel Securities
• FTSE Russell
• Invesco
• Broadridge
• Tradeweb
+ many more
With quadrillions processed annually as critical infra underpinning U.S. securities markets, DTCC is now bringing tokenization to the American financial system.
This pivotal industry milestone sets the stage for the official launch of the DTCC Collateral AppChain later this year, where Chainlink is unlocking 24/7 collateral management for DTC-tokenized assets.
@unknowDLT This guy was swifts chief technology office until very recently, and planned and worked the full backdrop to this latest swift chain before he left for a new project. Fucking delulu thinking xrp has anything to do with what's coming down the pipe.
Prominent US war hawk John Bolton has pled guilty to violating the Espionage Act after previously demanding execution for whistleblowers Edward Snowden & Chelsea Manning and 176 years in prison for publisher Julian Assange.
As part of a plea agreement, Bolton admitted to unlawfully retaining sensitive national security information. He now faces up to 5 years in prison, up to 3 years of supervised release, a $2.25 million fine, forfeiture of his pension, and is due to be sentenced on 28 October.
By leveraging Chainlink, ISO 20022 messaging, & existing Swift infrastructure, Project Pangea enables banks to execute direct, atomic PvP swaps of regulated EUR & KRW stablecoins.
This unlocks:
✅ Atomic FX transactions
✅ Instant (T+0) settlement
✅ Onchain liquidity access