Sergey Nazarov, co-founder of the chainlink blockchain network, predicts Wall Street banks will build their own blockchains and cross-chain stablecoins, using chainlink’s cross-chain interoperability protocol (CCIP) (currently in early access) to connect them.
According to the Chainlink Foundation, the protocol is designed to be “an open-source global standard for decentralized inter-blockchain messaging, data, and token movement.”
When that happens, I think you’re going to see the entire blockchain industry grow very rapidly in the trillions, in addition to the efficiency and benefits of each of these groups, Nazarov said.