Chainlink released its Q2 Digital Asset Insights Report, which shows that Chainlink Proof of Reserve (PoR) is increasingly being adopted. One of the most prominent examples of Chainlink PoR’s value proposition is WBTC, the wrapped Bitcoin on the Ethereum mainnet, which has returned to a market cap above $10 billion as of Q2 2024. WBTC is also listed as collateral on major lending platforms on the Ethereum mainnet, including: Aave v3 (with $1.92 billion in deposits), Aave v2 on Ethereum (with $372 million in deposits), and Compound v3, the USDC market on Ethereum (with $448 million in deposits).