Chainlink Becomes Standard for Bank Settlements, Market Potential Reaches $30 Trillion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 5d ago- Infrastructure Transformation: Chainlink's CRE (Runtime Environment) has been adopted by UBS and ANZ as the standard for delivery-versus-payment settlements, marking a shift from LINK being seen merely as an 'oracle token' to a crucial component of financial infrastructure, enhancing its significance in blockchain finance.
- Compliance Assurance: The design of CRE allows banks to utilize blockchain without disrupting their existing compliance and risk frameworks, which increases Chainlink's trustworthiness among financial institutions and promotes its application in real asset platforms.
- Massive Market Potential: Altcoin Buzz refers to Chainlink as a 'Value Bridge' with a potential market size of $30 trillion; despite LINK's price hovering around $12.80, the market has yet to fully reflect its future value, indicating investment opportunities.
- Durability Advantage: Chainlink's utility is not tied to a single trend, as the demand for accurate information persists across RWAs, DeFi, and stablecoins, allowing LINK to maintain relative stability amid market fluctuations and showcasing its appeal for long-term investment.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
