𝐓𝐗𝐌𝐂|Jul 31, 2026 16:18
Once again, those who believed crypto were building rails for the future of finance were only half right - tradfi just took the best ideas and built their own shit, with no need for your tokens.
* JP Morgan's Kinexys blockchain for interbank settlement.
* Russia's A7 blockchain to evade SWIFT sanctions.
* The BIS' Project Agora for interbank tokenized settlement.
These are all built on Ethereum-compatible codebases, but none of them necessitate hoarding the ETH token to succeed. The JPM chain also uses Chainlink to communicate with other chains, but the LINK chart is in the seventh level of hell.
There will be others. Saw this coming from miles away.
The eternal meme:(𝐓𝐗𝐌𝐂)
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