Chainlink’s Runtime Environment (CRE) is an off-chain layer that enables secure cross-network transactions by verifying escrow accounts and issuing payment instructions
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At the core of this operation was the Chainlink Runtime Environment, an off-chain solution that coordinates transactions across networks with different permission levels. This intermediary layer verified escrow events on the public blockchain, executed payment instructions within the private network, and completed the final settlement without transferring funds directly between chains. Only transaction instructions moved across networks, minimizing counterparty risk and streamlining settlement processes.
The settlement was coordinated using Chainlink’s Runtime Environment (CRE), an offchain compute layer designed for interoperable financial systems. At the center of the transaction was OUSG, Ondo’s tokenized US Treasurys fund, which was exchanged for payment via Kinexys’ platform.
This settlement utilized the Chainlink Cross-Chain Interoperability Protocol (CCIP) and was coordinated via the Chainlink Runtime Environment (CRE), an off-chain compute layer built to enable modular, secure interoperability. CRE handled the process by checking escrow conditions on Ondo Chain, initiating payment instructions via Kinexys Digital Payments and final settlement confirmation.
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