People are saying DTCC just put $114T on-chain. What went live is 25 securities available to tokenize. About $30T of assets available to be tokenized. Official books and records stay with DTC. Treasury still pays in fiat. Not “DTCC buying crypto.” Same CUSIPs. One-to-one entitlements. Twenty participants already on JPM, Citi, BofA, Morgan Stanley, Citadel Securities, Fidelity, State Street, UBS.
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