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Chainlink Establishes Onchain LINK Token Reserve

On Thursday, Chainlink announced the creation of the Chainlink Reserve, an onchain repository of LINK tokens funded by network revenue to support long-term growth. Chainlink Reserve Holds $1M+ LINK, Aims to Grow The reserve accumulates LINK tokens using offchain payments from large enterprises adopting Chainlink services and fees from onchain usage. This process relies on
News

JPMorgan’s Onchain Intraday Repo Trades $5B in First Month

JPMorgan, HQLAx and Ownera have launched a cross-ledger intraday repurchase agreement (repo) solution, with $5 billion traded during its first month of operation. JPMorgan, HQLAx, Ownera Debut Cross-Ledger Repo The solution enables repo traders to exchange cash held at JPMorgan for collateral held at HQLAx intraday, the release shared with Bitcoin.com News explains.