BlockBeats News, May 12th, the United States Depository Trust & Clearing Corporation (DTCC) will use Chainlink infrastructure in its blockchain-based collateral management platform, further expanding their previous collaboration to one of Wall Street's core risk management functions.

DTCC stated that its Collateral AppChain will employ Chainlink's Runtime Environment (CRE) and data standards to support functions such as pricing, valuation, margin management, collateral optimization, and settlement.

This AppChain is a Besu-based blockchain platform designed to facilitate asset tokenization and achieve real-time collateral management 24/7.