Chainlink
Archax Turns To Chainlink Data Streams For Tokenised Treasury Collateral
Readthrough summary
Archax is turning to Chainlink Data Streams for pricing on GOVY, its tokenized U.S. Treasury product, Bitcoinist reports.
GOVY gives exposure to short-dated U.S. government bills held in regulated custody, with transfers between approved wallets and subscriptions or redemptions in supported stablecoins.
If institutions want to borrow against tokenized T-bills or use them as margin, software needs reliable, timely valuations. The Chainlink feeds are meant to fill that gap for collateral applications.
Summary written by Readthrough from the original article. The full story, with photos and any updates, is at Bitcoinist.
