There's a $230T securities market and a $25.5T collateral market.
That gap is the biggest unlock in finance and $CC is building the pipes to close it.
- DTCC tokenizing Treasuries
- Euroclear running gold collateral
- JPMorgan deploying JPM Coin
They also just powered the first private stablecoin payroll for a real enterprise.
This is what institutional crypto actually looks like.