US securities depository trusts and clearing companies integrate with Chainlink to build an on-chain collateral system.
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ME News reported on May 12 (UTC+8) that the U.S. Depository Trust & Clearing Corporation (DTCC) announced that its blockchain-based collateral management platform, Collateral AppChain, will integrate with Chainlink infrastructure to enable 24/7, near real-time collateral management and settlement in traditional financial markets. DTCC stated that the platform, built on the Besu blockchain, will utilize Chainlink's Runtime Environment (CRE) and data standards to support asset pricing, valuation, margin calculation, collateral optimization, and settlement processes. The platform enables real-time collateral transfer across institutions, markets, and time zones through asset tokenization and smart contract automation. (Source: ME)
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