Ducat uses Chainlink oracles to enable permissionless liquidations on Bitcoin, allowing anyone to recapitalize undercollateralized vaults and acquire BTC at a discount.
The SEC's innovation exemption for tokenized stocks could boost Chainlink's oracle network as the backbone for onchain settlement and price feeds.
Chainlink expands beyond oracles into cross-chain interoperability, with major implications for DeFi and institutional adoption.