DTCC processes $4 quadrillion in annual settlements, and its digital assets head says no blockchain can handle that
DTCC's digital assets head claims no blockchain can handle its $4 quadrillion annual settlement volume, highlighting current scalability limitations.
"Rather than creating new versions of securities, DTCC is bringing existing eligible securities onchain through its regulated post-trade infrastructure, with the Canton Network serving as the first blockchain for its pilot." Key takeaways from @Grayscale: https://t.co/WSLb8IfXnT
DTCC processes $4 quadrillion in annual settlements, and its digital assets head says no blockchain can handle that
🔥 INSIGHT: DTCC’s Head of Digital Assets says the company processes $4 quadrillion in settlements annually, a scale no single blockchain can handle. “So, we’re working with Canton, Stellar and a few others.” h/t: @EricBalchunas https://t.co/9rL58tLbcy