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Yeah, I think it's exciting.
Mastercard's 3.4 billion users being
able to buy assets directly from onchain
systems like Dex's, I think, is is
really a big deal because it's it's what
we've been waiting for in the crypto
industry and what we've been talking
about at at Chain Link for some time.
It's that if you can get the traditional
world's users to interact with crypto in
a frictionless, efficient, secure,
riskmanaged way, then you can get many
more users from the from the traditional
world than you can get just from people
having wallets and from people kind of
doing crypto stuff. So I I think that
this was the the starting point and the
basis of our work together with with
you. Would you would you say that's
right?
>> That is absolutely correct. And you know
look uh if there are others in the
ecosystem that need to enable this and
we have partners here today like um
shift 4 and and swapper and so on but
end of the day all of that um the
ecosystem partners need two essential
things. One is obviously the consumer
with the card who will be able to spend
and Mastercard network completing that
authorization but that need to be kind
of coordinated and ensured that the
opposite side of that which is the asset
delivery part purchase part is happening
with equal security and and that's where
you guys come in and I I thought that
partnership was uh was perfect alignment
in terms of making sure that we provide
seamless uh connectivity between onchain
uh uh asset exchange and off-chain
transactions in which in this case
offchain coming from Mastercard and
onchain coming from any supported
blockchain uh coordinated through uh you
On Visa's Tokenized podcast, Chainlink Co-Founder Sergey Nazarov explains how smart contracts reduce fraud, minimize errors, and solve the gap problem. Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi. Many of the world’s largest financial services institutions have also adopted Chainlink’s standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Lido, GMX and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link. ✅ Subscribe and turn notifications on: https://www.youtube.com/channel/UCnjkrlqaWEBSnKZQ71gdyFA?sub_confirmation=1 Learn more about Chainlink: Website: https://chain.link Docs: https://docs.chain.link Twitter: https://twitter.com/chainlink #Chainlink #crypto #blockchain