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XLM $0.1787 -4.35%
ZEC $806.95 +0.14%
BTC $77,811.59 -3.43%
ETH $2,444.27 -2.78%
BNB $691.37 -3.32%
XRP $1.39 -4.64%
SOL $104.21 -3.96%
TRX $0.3410 +0.54%
DOGE $0.0853 -4.47%
ADA $0.2027 -5.70%
BCH $247.39 -8.19%
LINK $11.41 -4.24%
HYPE $80.47 -4.27%
AAVE $121.79 -6.10%
SUI $0.7416 -5.82%
XLM $0.1787 -4.35%
ZEC $806.95 +0.14%

link

LINK is the native token of the Chainlink network, used to pay node operators for data services and smart contract execution fees. As an ERC-20 token, LINK operates on the Ethereum blockchain and is primarily used to ensure the security and reliability of the Chainlink decentralized oracle network. LINK token holders can participate in network governance and influence future development directions.
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Chainlink CEO: The speed at which the U.S. financial system goes on-chain will determine its global status

On August 21, Sergey Nazarov, co-founder and CEO of Chainlink, stated at the first meeting of the U.S. CFTC Innovation Advisory Committee that he appreciates the CFTC and SEC finally beginning to cooperate efficiently and constructively, rather than publicly conflicting as before. He believes this alone has significantly enhanced the reputation and trust of the U.S. financial markets and helps to form a unified regulatory vision, avoiding the past multiple conflicting rules that hinder innovation.Nazarov pointed out that regulatory fragmentation has incurred serious costs. Chainlink provides data, cross-chain infrastructure, and more for thousands of applications, supporting most of the DeFi ecosystem. Over the past seven years, he has witnessed hundreds of developers choose to leave the U.S. due to uncertainty, no longer building high-quality applications in the U.S. or serving American consumers, which is a huge loss for the U.S. financial system and consumers.He emphasized that the next trend is clear: tokenization of equity will release a large amount of on-chain value. The U.S. stock market currently accounts for about 60% of the global equity market value and flow. If the global financial system accelerates on-chain, the U.S. must advance on-chain at an equal or even faster pace to maintain this dominant position; otherwise, innovation and market advantages may be lost.
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