Alex Garcia pfp
Alex Garcia
@alexgarcia
First truly cross-chain DvP completed! Chainlink's Runtime Environment (CRE) just orchestrated an atomic swap of Ondo Finance’s tokenized U.S.-Treasuries fund $OUSG on the brand-new Ondo Chain (L1) against instant cash settlement on @jpmorgan’s Kinexys Digital Payments network. Why it matters: 🔹 Bank-grade rails (Kinexys > $1.5 T notional, ~$2 B daily, 10× YoY growth) now plug directly into open blockchains. 🔹 Assets + payments move simultaneously, slashing counter-party risk that still costs markets ~$914 B each decade. 🔹Blueprint for bringing trillions of real-world assets on-chain with full compliance and near-real-time finality. Huge milestone! 🔥 Driving the TradFi ↔ DeFi convergence forward. 🚀
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