DTCC: No Blockchain Handles $4 Quadrillion Settlements
DTCC processes $4 quadrillion settlements yearly and turns to Canton and Stellar for Wall Street tokenization project led by Nadine Chakar.
SourceAnalysis
DTCC processes $4 quadrillion in settlements each year, a scale no single blockchain can support, according to Nadine Chakar, Head of DTCC Digital Assets, who confirmed the firm is advancing its Wall Street tokenization initiative through partnerships with Canton, Stellar and others.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.