8. Enabling PYUSD to be adopted across DeFi through tamper-proof market data:
9. Helping to secure the minting function of @Poundtoken:
10. Helping to power staking rewards distribution for @PropyKeys:
11. Increasing reserves transparency for @StablREuro:
12. Helping to secure the minting of @tusdio:
In addition to the growing adoption of Chainlink’s essential infrastructure for tokenized assets, Chainlink has been highlighted as the most active RWA-related protocol based on the number of GitHub commits in the last 30 days:
Chainlink Rewards enables projects in the Chainlink Build program to make their native tokens claimable by Chainlink ecosystem participants, including eligible LINK stakers.
Building on the success of Season Genesis, Season 1 provides eligible LINK stakers a more interactive, choice-driven experience, while strengthening their engagement and connection with Build projects.
In this season, eligible LINK stakers receive Cubes—a non-transferable, non-monetary unit of account similar to credit card points or airline miles—that can be redeemed for token rewards from the projects of their choice.
Season 1 begins with a one-month allocation period, where Cubes can be allocated by participants to projects in any manner. The allocation period starts on November 11 and ends December 9. Cubes expire at the end of the allocation period.
The claim period begins on December 16, when tokens start to unlock and become claimable over time. The number of tokens a participant can claim from a Build project is determined by their proportional share of the total Cubes allocated to that project.
The snapshot determining Cubes balances for Season 1 was taken today based on each address’s historical participation in Chainlink Staking v0.1 and v0.2, reflecting both the amount and duration of LINK staked.
Season 1 features nine Build projects that are making a percentage of their token supply available to eligible LINK stakers:
Projects in the Chainlink Build program represent a wide range of Web3 verticals, including AI, DePIN, interoperability, derivatives, DEXs, lending, tokenized assets, gaming, stablecoins, NFTs, and more.
These teams have accelerated their growth and delivered innovative, production-ready solutions that are now reaching users around the world.
By participating in Chainlink Rewards, Build projects are able to expand their own community and create global awareness of their unique products with support from some of the most active and engaged participants across the entire crypto ecosystem.
Here’s a breakdown of the week’s biggest moments, including major announcements, product launches, & presentations that show Chainlink is bringing global finance onchain.
• Chainlink announces major industry milestone in a global corporate actions initiative with 24 of the world’s largest financial organizations, including Swift, DTCC, and Euroclear.
• Chainlink Co-Founder Sergey Nazarov delivers a keynote speech on how onchain standards can combine with existing systems/standards to create next-gen digital assets.
• Swift, DTCC, and Euroclear join Chainlink on a panel to discuss major insights, key outcomes, and next steps on the corporate actions industry initiative.
Day 2
• Chainlink announces a landmark technical solution enabling institutions to manage digital asset workflows directly from their existing systems via Swift messaging and CRE, in collaboration with UBS.
• Chainlink introduces the Digital Transfer Agent (DTA) technical standard, defining how transfer agents and fund admins can expand their operations onchain to support tokenized assets, with UBS uMINT being the first to begin adopting it.
• Chainlink, Swift, BIS Innovation Hub, Goldman Sachs, & Banco Santander discuss the importance of interoperability.
We are excited to announce a major industry milestone in a global corporate actions initiative led by Chainlink in collaboration with 24 of the world’s largest financial organizations, including Swift (@swiftcommunity), DTCC (@The_DTCC), and Euroclear (@EuroclearGroup).
Corporate actions are a critical building block for public equity to operate successfully onchain. Building on the foundation established in the first phase of our industry initiative, we now have successfully demonstrated how the Chainlink platform, blockchains, and AI help solve one of finance’s most complex data challenges in a production-grade solution with unparalleled data accuracy, ISO 20022 messaging functionality via Swift, connectivity across DTCC AppChain as well as additional public and private blockchains, and much more.
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Understanding the Corporate Actions Problem
Corporate actions events, such as dividends, stock splits, tender offers, and mergers, remain one of the most fragmented and operationally-intensive processes in global finance.
The inefficiencies in today’s corporate actions lifecycle result in:
• $58B in annual costs across the global financial system
• $34M average cost per event with 110K+ firm interactions
• 75% of institutions still manually revalidate data
Corporate actions are typically announced through human-readable formats like PDFs and press releases, then passed through custodians, brokers, fund managers, and data vendors before reaching investors.
Along this journey, the data is frequently modified, delayed, and inconsistently processed. Key challenges include confirmation delays of 24 to 48 hours, reliance on incomplete and non-standard formats, and the absence of a single verified source of truth.
Establishing an Industry Standard for Corporate Actions With Unified Golden Records
To address the $58B+ annual corporate actions problem, Chainlink and 24 of the world’s largest financial institutions collaborated to build a solution that unifies traditional financial systems and blockchain networks.
Key Outcomes:
• 100% Data Accuracy: 100% data consensus was achieved across tested corporate action events with newly introduced data attestor and contributor roles enabling institutions to verify, enrich, and sign records.
• ISO 20022 Messaging via Swift: The Chainlink Runtime Environment (CRE) orchestrates consensus across multiple AI models, transforms the records into ISO 20022-compliant messages, and transmits them through a custom-built adapter to the Swift network.
• DTCC AppChain Connectivity: Chainlink CCIP distributes validated unified golden records across DTCC’s AppChain environment and additional public and private blockchains.
Chainlink had a number of successful economic product launches this year:
💱 Payment Abstraction
🏦 Chainlink Reserve
🪙 Chainlink Rewards: Season Genesis
🔁 Chainlink Smart Value Recapture (SVR)
What these milestones mean for the broader Chainlink ecosystem 🧵↓
1. Chainlink Payment Abstraction
Introduced earlier this year, Payment Abstraction enables users to pay for services in their preferred form of payment (onchain crypto or offchain fiat).
These fees are then programmatically converted to LINK via a DEX.
JUST IN: The U.S. House has officially passed the GENIUS Act.
This is a historic moment for the crypto industry as GENIUS establishes the first clear regulatory framework for fiat-backed stablecoins in the world’s largest economy 🧵↓
Stablecoins are the most established onchain use case, with over $250 billion already onchain. They enable global access to the U.S. dollar with near-instant settlement, low fees, and 24/7/365 availability.
But regulation isn’t the only critical piece needed to enable stablecoins at scale. Stablecoins also need infrastructure that ensures transparency, interoperability, and regulatory compliance as they integrate into global finance.
Led by @SenatorHagerty, @RepFrenchHill, and @SenatorTimScott, the GENIUS Act takes an important step by requiring monthly public disclosures of stablecoin reserves, including asset types and custody details.
Stablecoin issuers can adopt real-time proof of reserves and proof of composition to build on this foundation and close audit gaps not addressed by periodic disclosures.
As the largest provider of in-production proof of reserve solutions, Chainlink is uniquely suited to meet this requirement.