>>60688875actually think about it
SWIFT, DTCC, Euroclear and FED yearly volume added together would be around 5 to 6 quadrillion
let's assume a fee of 0.001% and around 10% of this volume captured by CLL
this would be about 5-6 billion USD in yearly revenue
CL has no competition as interoperability layer and the last weeks showed us it's clearly unique position in tradfi