Pyth flips Chainlink in 30-day volume, Chronicle CEO weighs in
Pyth Network’s pull-based model has driven high transaction volumes, intensifying the Oracle’s competition with Chainlink.
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Pyth Network’s pull-based model has driven high transaction volumes, intensifying the Oracle’s competition with Chainlink.
This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.
Chainlink and Swift will introduce a new blockchain integration, simplifying digital asset settlement for financial institutions using existing infrastructure.
ANZ Bank will be among the first clients to debut Chainlink’s privacy-preserving tech for tokenized RWA settlement under Singapore’s Project Guardian.
The oracle protocol is partnering with financial infrastructure providers including Franklin Templeton and UBS.
IDA Finance’s use of Chainlink Proof of Reserves and CCIP products aims to boost cross-chain operability and asset security.
Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency.
Despite current crypto market volatility, Chainlink projects rapid growth in tokenized assets, driven by institutional demand and regulatory advancements.
The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
Trillions of dollars will flow into Web3 once the details of the Internet of Contracts are worked out.
