TechFlow news: The Depository Trust & Clearing Corporation (DTCC) in the U.S. has partnered with Chainlink on a Swift blockchain interoperability initiative to enable tokenized transfers of traditional financial assets.
Swift uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) on the backend for cross-chain messaging and token transfers, while DTCC acts as the token issuer and central securities depository (CSD). Specifically, DTCC mints and issues Chainlink CCIP-compatible "BondTokens" and distributes them to test wallets designated by Swift.




