According to Mars Finance, on May 12th, the U.S. Depository Trust and Clearing Corporation (DTCC) will utilize Chainlink infrastructure in its blockchain-based collateral management platform. This signifies a further expansion of their previous collaboration into one of Wall Street's core risk management functions. DTCC stated that its Collateral AppChain will adopt Chainlink's Runtime Environment (CRE) and data standards to support functions such as pricing, valuation, margin management, collateral optimization, and settlement. AppChain is a Besu-based blockchain platform designed to facilitate asset tokenization and enable 24/7 real-time collateral management.
The US DTCC is expanding its collateral system and introducing a Chainlink integration solution.
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