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Chainlink tells New Hampshire commission its oracles can support secure state stablecoins
Summary
Chainlink Labs presented to the Commission on the Study of Stable Tokens on how its oracle network, proof‑of‑reserves and automated compliance tools can help states deploy and monitor tokenized dollars; members pressed the company on liability, transparency and ongoing costs.
Chainlink Labs told New Hampshire’s Commission on the Study of Stable Tokens that its oracle network and interoperability tools can help states deploy and monitor tokenized dollars and other tokenized assets.
“Chainlink makes digital assets useful for the real economy,” Colin Cunningham, head of tokenization and alliances at Chainlink, said in a presentation to the commission. He described a suite of products — proof‑of‑reserves, SecureMint, the CCIP cross‑chain interoperability protocol and an automated compliance engine — that Chainlink says can verify off‑chain reserves, prevent over‑minting, enable multi‑chain distribution and enforce jurisdictional compliance.
Why it matters: members of the commission…
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