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The U.S. must evolve to lead in the transition to an onchain economy. @SergeyNazarov explains what the U.S. financial system needs to do to continue its global leadership and how Chainlink infrastructure can support this goal ↓
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Problem: Most onchain financial transactions cannot take place without data. Solution: The Chainlink data standard.
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Elixir, an institutional-focused protocol with $180M+ in TVL, has upgraded to Chainlink CCIP to power cross-chain transfers of deUSD across @avax and @ethereum—and will be upgrading the rest of its bridging routes to CCIP over time. @elixir has also upgraded to Chainlink Price Feeds to support secure markets around its yield-bearing synthetic stablecoin on Avalanche, @arbitrum, Ethereum, @Optimism, and @0xPolygon.
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BLOCKCHAIN EXPANSION UPDATE This week, Chainlink services expanded across the following blockchains: CCIP • Abstract • Lisk • Metal L2 • Mint • Plume • Taiko Hekla (testnet)
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As trillions move onchain, visibility into their backing is more important than ever. Proof of reserves is critical infrastructure, but not all solutions are created equal—explore 7 principles every solution must meet to ensure true onchain transparency: https://blog.chain.link/7-key-principles-for-proof-of-reserves/
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