Exciting news! Our Co-Founder @zakfolkman recently joined @SergeyNazarov at NYSE to discuss @worldlibertyfi 's integration of the @chainlink standard.
“Security was a top priority for us, and Chainlink delivers the trust and reliability needed to bridge DeFi and mainstream finance,” Zak shared during the interview.
We’re thrilled to leverage this partnership to drive innovation and build a secure, decentralized financial future.
$Link
Chainlink is a universal gas token which has, at the present moment enabled $16 trillion of transactional value. In the coming decade, it will connect quadrillions of dollars worth of real world assets (RWA).
There is a limited supply of Chainlink (1 Billion). Owning 1000 LINK has the same ratio as owning 21 Bitcoin.
CCIP, the cross-chain interoperability protocol, which is fueled by Chainlink, will be used by thousands of financial institutions next year.
The Chainlink price is disgustingly undervalued.
Last chance loading.........
The #Chainlink standard for cross-chain interoperability is now live on @BackedFi, enabling the transfer of bTokens across five chains.
Backed is now leveraging CCIP, PoR, & Data Feeds to level up its tokenized RWAs with increased utility, liquidity, and interoperability.
Seeing a narrative that $LINK is “just an oracle” while $XRP is the bank coin
This couldn’t be further from the truth
@Chainlink is verifiably working with the largest financial institutions in the world on connecting banks to blockchains
This includes:
- Working with @swiftcommunity on enabling 11,500+ banks to connect to any/all blockchains using their existing Swift infrastructure and Chainlink; this product is now in the pre-production stage
- Working with @The_DTCC on bringing Net Asset Value (NAV) onchain using Chainlink to enable the tokenization and distribution of mutual funds
- Working with the Central Bank of Brazil @BancoCentralBR to automate supply chain management and improve trade finance processes via Brazil’s Drex CBDC project
- Working with @ANZ_AU and @ADDXco on enabling privacy-preserving, cross-chain tokenized asset settlement between private blockchains using Chainlink
- Working with @UBS and @SBI_DAH on enabling tokenized funds across multiple blockchains using Chainlink, with subscriptions and redemptions settled via @swiftcommunity payment rails
- Working with @EuroclearGroup and @swiftcommunity on creating structured onchain data around corporate actions data using Chainlink and advanced AI LLMs for fund tokenization
- Working with @sygnumofficial and @Fidelity International on using Chainlink to bring NAV data onchain for their in-production tokenized fund on zkSync
- Working with @weniaoficial, a digital asset firm under @Bancolombia, to use Chainlink for reserve data verification for their in-production Colombian Peso stablecoin
All of this and more is not speculation or wishful thinking, it’s the real work Chainlink is doing with financial institutions, as announced by the banks themselves
In comparison, $XRP is effectively a banker-themed memecoin that failed to gain meaningful traction for the cross-border payment use case
There is simply no need for a “bridge currency” in a world of stablecoins and CBDCs, hence the pivot to other products like RLUSD, custody, and CBDC platform that don’t use $XRP
Ripple is not working with Swift, nor are they going to replace Swift, they aren’t at all relevant to the blockchain-related work Swift is doing, which is centered around Chainlink
The market clearly doesn’t recognize these facts yet, but the information asymmetry cannot last forever
Share this tweet and these images with anyone who is confused about this narrative, everything can be verified in the links below 👇
We're excited to announce Europe’s first tokenized securities trading & settlement system—21X (@tradeon21x)—is adopting the #Chainlink standard.
Price Feeds will underpin 21X’s trading engine & CCIP will connect it to assets across the onchain economy: https://t.co/ACGrBKuduL