Chainlink (LINK) has announced a strategic partnership with Fireblocks to provide secure and compliant technology solutions for banks and financial institutions. According to the press release, this would enable them to issue and transact stablecoins across global financial markets.

Commenting on this, the Global Head of Banking and Capital Markets at Chainlink Labs, Angie Walker, disclosed that the collaboration would produce a powerful suite of technology services that would accelerate market growth for all forms of tokenized money when combined. "Chainlink and Fireblocks offer a powerful suite of technology services that, when combined, are poised to accelerate market growth for all forms of tokenized money, such as stablecoins," said Angie Walker, Global Head of Banking and Capital Markets at Chainlink Labs. "We expect this will not only provide stablecoin users with real-time visibility into asset reserves but also elevate the utility of the stablecoin as a secure payment vehicle and institutional trading instrument in digital asset markets. We plan to empower stablecoin issuers by offering a secure, smart, and scalable solution that meets the high standards for institutional and retail customers alike."

Source: https://www.prnewswire.com/news-releases/fireblocks-and-chainlink-labs-announce-strategic-collaboration-to-accelerate-regulated-stablecoin-issuance-302249711.html Show Less