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Chainlink co-founder: US stablecoin regulation will trigger a wave of stablecoins globally
Gate News bot message, Chainlink co-founder Sergey Nazarov posted on X that the regulation of stablecoins in the United States will trigger a new wave of stablecoins both in the U.S. and globally. They all need reserve proof and cross-chain connections to serve as a payment source for the rising digital asset economy and tokenization funds.
Chainlink is the only platform that provides proof of reserves and cross-chain connectivity within a single system.
This does not include the demand for on-chain identity verification, as well as the ability to use stablecoins as a payment method with minimal friction while meeting compliance requirements. At that time, Chainlink will be the only platform that provides proof of reserves, cross-chain connections, and on-chain identity/compliance within a single system.
As the complexity of blockchain transactions continues to rise, the demands for data, connectivity, compliance, and other requirements also increase. Chainlink will be built as the only platform capable of meeting all these requirements within a unified trading standard system.
All these Chainlink features can be easily configured, deployed, and managed within a workflow code on CRE. Therefore, you can use a piece of code in one system to obtain proof of reserves, cross-chain connections, resolve compliance/identity issues, and manage all the services required for all this complexity.