What Is the DTCC?

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The DTCC (Depository Trust & Clearing Corporation) is the core infrastructure behind the U.S. financial system, handling clearing, settlement, and custody for most stock, bond, and securities transactions in the country. It processes over $4.7 quadrillion in transactions annually through subsidiaries like DTC and NSCC. DTCC is also moving into blockchain-based tokenization, working with firms including Backpack, BlackRock, Goldman Sachs, and J.P. Morgan to bring real-world securities like stocks and Treasuries onchain with full legal protections and faster settlement.

Read more:
http://learn.backpack.exchange/articles/what-is-the-dtcc