Bloomberg ETF analyst Eric Balchunas said in a post on X that Nadine Chakar, head of DTCC Digital Assets, made the remarks during the Trillions program. According to Balchunas, Chakar said DTCC processes $4 quadrillion in settlements each year. She also said no blockchain currently has the capacity to handle activity at that scale. Balchunas added that DTCC is working with Canton, Stellar and other parties as it pushes ahead with tokenization efforts tied to Wall Street. The comments point to the scale challenge facing blockchain-based financial infrastructure as large market institutions explore tokenized asset systems.
Bloomberg ETF analyst Eric Balchunas said in a post on X that Nadine Chakar, head of DTCC Digital Assets, said on the Trillions program that DTCC processes $4 quadrillion in settlements each year.
According to Balchunas, Chakar said no blockchain currently can handle activity at that scale. He said DTCC is working with Canton, Stellar and several other parties to move forward with Wall Street tokenization projects.
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