Kings College London (@KingsCollegeLon) published a new working paper by Dr. Rhys Bidder, Deputy Director at the Qatar Centre for Global Banking and Finance, exploring the path forward for stablecoins to fulfill their global potential. Chainlink is highlighted for its privacy-preserving functionality, which is critical for institutional adoption: “These patterns are adopted in the Chainlink CCIP Private Transaction model and DECO technology, with a recent example of ANZ Bank and ADDX using CCIP Private Transactions to settle tokenized commercial paper across two private blockchains under the Monetary Authority of Singapore’s (MAS) Project Guardian, maintaining confidentiality while meeting regulatory requirements for cross-border institutional finance.” The paper also highlights how Chainlink CCIP and Proof of Reserve are already addressing core infrastructure challenges by enabling secure cross-chain transfers and verifiable reserve transparency—key pillars for stablecoins to become programmable, global-scale digital money. Read the full working paper ↓ https://www.kcl.ac.uk/news/stablecoins-the-first-killer-app-for-blockchain