Summary
The following case study shows how Australia and New Zealand Banking Group (ANZ)—a leading institutional bank with $1+ trillion in total assets under management—successfully demonstrated how ANZ customers could use CCIP to securely transfer ANZ-issued stablecoins cross-chain to purchase nature-based assets.
“We’re excited to drive financial innovation at ANZ by providing our clients with seamless access to tokenized assets through an easy-to-use platform. Chainlink CCIP played a key role in abstracting away the blockchain complexity of moving tokenized assets across different chains and ensuring atomic cross-chain DvP.”
Lee Ross
Technology Domain Lead, ANZ
Key Takeaways
Served Client Demand for Digital Assets: Demonstrated ability to provide clients with access to a range of tokenized assets across multiple blockchains via CCIP.
Improved Customer Experience: Demonstrated a technically complex cross-border, cross-chain, and cross-currency tokenized asset purchase using CCIP while providing a seamless customer experience involving a single currency on a single platform (i.e., the user only needs to interact with ANZ’s DAS Portal and their digital currency of choice).
Facilitated a Cross-Chain Interaction Via a Single Interface: Used CCIP as a single interoperability solution to transfer data and tokenized assets across blockchains in a decentralized, secure, and reliable manner.
Reduced Transaction Overhead Via Atomic Settlement. CCIP’s Programmable Token Transfers condensed a complex set of actions involving multiple users, blockchains, and assets down to a single instruction.
