According to @AltcoinGordon, JPMorgan has successfully completed its first transaction on a public blockchain by utilizing Chainlink's infrastructure and the ONDO token to transfer tokenized treasuries beyond its internal network (source: Twitter, May 14, 2025). This move signifies a major step in institutional adoption of blockchain technology, enhancing interoperability between traditional finance and decentralized finance (DeFi). For traders, this development highlights growing mainstream confidence in tokenized assets, with direct relevance for ONDO and Chainlink price action. Increased integration of public blockchains by major banks like JPMorgan may drive liquidity and volatility in related cryptocurrencies.

According to Mihir (@RhythmicAnalyst), the Federal Reserve currently has no platform to launch a Central Bank Digital Currency (CBDC), making stablecoins issued on public and private blockchains the only viable alternative for digital dollar settlements (source: Twitter, May 6, 2025). This development signals increased reliance on established USD-backed stablecoins like USDT and USDC, particularly on public blockchains, while banks are expected to utilize private blockchain-based stablecoins for institutional transfers. Traders should monitor potential demand surges and regulatory developments around major stablecoins, as well as the adoption rates of private blockchain solutions, since these factors could drive liquidity shifts and volatility in the broader cryptocurrency market.