#跨链基础设施与互操作 I just saw that JPMorgan and Galaxy conducted a $50 million commercial paper transaction on Solana. I have to admit I was a bit confused at the time😅 $50 million was issued and settled on-chain like this? And it was still using USDC?



After looking into it, I realized this seems to be an important collision between traditional finance and the on-chain world. JPMorgan chose to pilot on Solana, with major institutions like Coinbase and Franklin Templeton involved... What does this indicate? It suggests that this path might really be viable.

What surprised me the most is that behind this is actually the role of cross-chain infrastructure—interoperability between different chains allows big institutions to dare to play like this. I’ve heard people talk about interoperability before, and now I finally have a sense of it; the true significance lies right here.

However, I’m still a bit confused: why choose Solana instead of Ethereum? Is it because of faster speed and lower fees? Can someone explain this to me as a newbie? I feel that once I understand it thoroughly, my overall understanding of the ecosystem will be much clearer👀
SOL-1.03%
ETH-0.7%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)