Today, the White House issued its new Digital Asset Report featuring oracles as a key technology for advancing stablecoin and tokenized real-world asset (RWA) innovation in the United States. The report highlights the vital role of leading decentralized oracle network, Chainlink, which provides critical infrastructure for powering stablecoins and RWAs onchain.
Chainlink’s Head of Public Policy, Adam Minehardt, represented Chainlink, which contributed to the report, at the White House today. In a post on X, he acknowledged President Trump alongside White House AI and Crypto Czar David Sacks, Treasury Secretary Scott Bessent, and Executive Director of the President’s Council of Advisers on Digital Assets Bo Hines for prioritizing blockchain technology in the U.S.
Over the past year, Chainlink has worked closely with policymakers to ensure the digital asset economy thrives in the United States and sets the standard for a global method of tokenization.
Chainlink co-founder Sergey Nazarov has made several trips to the capitol this year, beginning with the Inaugural Crypto Ball.
He has since met with Chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, Bryan Steil, as well as Counselor to the Secretary of Treasury for Digital Assets, Tyler Williams, and personally addressed the President at the first White House Crypto Summit.
In a post on X, Nazarov praised the President and his administration for working to ensure the U.S. maintains its global leadership role in the web3 era.
In a recent interview, Nazarov explained why the newly passed GENIUS Act is a watershed moment for stablecoin adoption that will also accelerate the market for RWAs powered by Chainlink’s industry-leading infrastructure.
As the standard for onchain finance, Chainlink supports three essential properties that distinguish stablecoins and RWAs as superior assets: real-time reserve verification through Proof of Reserve, secure and reliable interoperability through Cross-Chain Interoperability Protocol (CCIP), and automated compliance through Automation.
Having already collaborated with a number of central banks in different jurisdictions, Chainlink is uniquely positioned to describe how a successful global digital assets ecosystem can grow and evolve in both the United States and around the world.
“The governments and the central banks find this expansive and agnostic view from Chainlink to be quite valuable and useful, because it’s not limited to any one use case; it’s not limited to any one chain; and it’s inherently thought of and built up in a way where it actually enables them to transact – not just in their domestic economy, but globally and internationally,” explained Nazarov in a recent video.
“Our view is that we will be able to set Chainlink up as a standard both in the U.S. and globally and we’re doing this on a practical level by working with various blockchain associations, meeting with the senators and congressmen, meeting with the regulators, meeting with folks in the executive branch and clarifying for them what the right model is.”