Blockchain is rapidly transforming the global financial world, with innovative solutions emerging to tackle some of the biggest challenges in finance. As the demand for seamless cross-border payments rises, companies are stepping up to provide faster, more efficient alternatives. Qubetics ($TICS) is at the forefront of this shift, offering an innovative platform that integrates the power of blockchain to revolutionise international transactions. At the same time, Ondo Finance is making headlines by leading the tokenisation of U.S. Treasuries, a move that could open up the $16 trillion real-world asset (RWA) market.
And with Chainlink’s decentralised oracle solutions securing billions in crypto assets, the blockchain space is poised for unprecedented growth. Let’s explore how Qubetics tackles these critical challenges and redefines the future of international payments.
Chainlink and Oracle Ecosystem Secure $50B in Crypto Assets, Tokens Surge
Chainlink (LINK) and several associated oracles, including Pyth Network (PYTH), WINKLink (WIN), Chronicle (XNL), RedStone, and Switchboard, have collectively secured over $50 billion in crypto assets across multiple blockchains, according to data from DeFiLlama. These oracles, which supply essential price feeds and real-world data to blockchains and smart contracts, saw their related tokens rise on Tuesday.
LINK and other Chainlink-based oracle tokens posted gains, with LINK climbing 2.36%. The Chainlink network alone accounts for $23.33 billion secured across 405 blockchains, based on DeFiLlama’s report. Other Chainlink-integrated oracles, like PYTH, WIN, XNL, RedStone, and Switchboard, also contributed to this upward trend.
Ondo Poised to Lead $16 Trillion RWA Market with BlackRock’s Backing
BlackRock has selected Ondo as its preferred platform for tokenising U.S. treasuries on the blockchain, signalling Ondo’s potential to lead the rapidly expanding real-world asset (RWA) market. This market involves bringing traditional financial assets, like bonds and treasuries, onto blockchain networks, enabling greater efficiency, transparency, and accessibility. According to Armstrong, the RWA market could grow significantly, potentially reaching a staggering $16 trillion by 2030. With its strategic partnership with BlackRock and innovative approach to tokenising assets, Ondo is in a prime position to capture a substantial market share.
Qubetics Transforms Cross-Border Payments with Blockchain Technology
Despite technological advancements, cross-border payments still face significant challenges. Countries often have incompatible payment systems, forcing businesses to rely on multiple banks and payment providers to facilitate money exchanges. This leads to slow transactions, often taking several days, and high costs—sometimes up to ten times more than domestic transfers. Qubetics is transforming international payments with its blockchain-based platform, using technologies like Cosmos and Inter-Blockchain Communication (IBC) to enhance interoperability. IBC is a standard protocol for transferring tokens and messages between distinct blockchains, while Cosmos provides the infrastructure for these networks to communicate.
This interoperability allows Qubetics to facilitate cross-border payments across various blockchain systems, ensuring faster, more efficient transactions not limited by a single blockchain’s constraints. By eliminating the need for intermediaries, Qubetics drastically reduces transfer times from days to minutes and lowers costs. With blockchain’s security features, such as encryption and decentralisation, each transaction is fully secure and transparent, allowing users to track their money in real time.
Conclusion:
In conclusion, Qubetics ($TICS) is expected to significantly impact the blockchain industry through its innovative cross-border payments. This innovative solution directly tackles the inefficiencies of traditional cross-border payments, easing the burden of high remittance costs that often strain both senders and recipients, especially when timely transfers are crucial.
The Qubetics presale, launched on September 27th, allows early investors to join a groundbreaking platform that aims to transform the usage of digital assets.
For More Information:
Qubetics: https://www.qubetics.com/
ONDO: https://ondo.finance/
Chainlink: https://chain.link/
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
