DTCC????????????????–???????????????

????:Aiying ??????????????????,???????,??????

?Consensus 2026????,DTCC(????????)CEO Frank La Salla????????????:“?????????????????????,???????L1??????”

?????????????:?????????????????”??”????,?????????????????????2026?7?????,10?????–???????,??????(CoinDesk,2026-05-06)?

??????????????,????????????DTCC???????????????,????”???L1″????DTCC CEO????????,???????:???????????????,?????????

????:DTCC???–???????????”??”???

??????????,?????????

?????DTCC?”???????”,?????????????DTCC????DTC(??????)?NSCC(????????)??SEC???????(Registered Clearing Agency),??1934????????17A????2012?,?????????????(FSOC)??????????????(FMU)–??????????CME?????????

????DTCC?????????????????????”???”???–??”??????”????????????????:????????????,????????????????????

??????,????”?????”???

La Salla??????,DTCC?????”????”,????????????“???????”?????????–???????????,?????????????????”????”,??????????:????????????????–????????????????Clarity Act????????2026?7?4?,SEC?Nasdaq??????”???????”(CoinDesk,2026-05-06)?DTCC?????????????,?????

???????–??????????

??????????

????????????????????(corporate actions)??????????????????????–??????????????

??DTCC??????????????????–???????????????–???????????????,???????????????????,???????SWIFT???CSV????????????,??????????

????????????(??”????=??????”),??????????(Tokenized Securities)?????–????????????????????????????,DTCC????????:????????????,????????????

?????:????????????????

SEC????????????????????????????????????????–??????????????(audit trail)????????????,????????????:

??,????????????L1????,DTCC????????????????,?????”?????”????????????????

??,??????????????????,DTCC?????????????????????????????,????????,???????

??,????????????L1?????????,??????????????–?????

“???L1″–?????????

DTCC?????????????

La Salla??”?????????L1??”,???????????????????:???????????????,????L1??????????”DTCC??”?????–??????????????????????

???????–?????

??????DTCC?????????(?Hyperledger Besu)????,?”high-performance L1″??????????????DTCC??????(?Solana?Aptos?Sui?Avalanche?????),??????????????–????????????????????????????

??????,?????DTCC????????–???????????:????(???????)?????(???????OFAC??????)?

???????:DTCC??????????????,????????????????–?????,????????

????????????–La Salla?????

?????????,??????

La Salla????????????????:”?????????????????????????????????”

???????????,???????????NSCC????????”??????”–??????????????????????,??????????????????????2008????????????????(CCP)??????

????????????????????????,?????????”????”?????–????????????????????????????????????

??????–???????????

La Salla???????????:????????????????–??????????????????????,??????????

???????????????????????:

• ????????:????????UCC(?????)??????????
• ?????????:?????(????),???”??”????????
• ????:?????????????????????

???????,????????–??????????

???

• DTCC??????,?????:??????????–?????????????????????????????,???????????????????????
• “???L1″????????????:??L1????TPS?Gas???EVM??????DTCC????:?????????????????????????????L1?????????
• ?????????????????????????:La Salla???????,??DTCC?????????????????????(?zk-rollup?????????????),??????
• ????????:DTCC??????????????MAS???ESMA??????????–??????????????????,DTCC??????????????CCP(????????OTC Clear)??????
• ???????????,???:DTCC??????????????????,??????–??????????????????????????????????????????????,?????????????????
• ?????????:DTCC?7????10????Clarity Act??7?4?????????”???”??”?????”??????????????,???????????????????

?????

DTCC???????????,??????????”???????”–????????????????????:??????????????”???L1″???????????,???????????????,????????

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????:Krisztian Sandor, “Wall Street’s clearinghouse seeks ‘high-performance’ blockchains to tokenize corporate actions”, CoinDesk, 2026-05-06. ????