Definition ∞ Global Interoperability refers to the capacity of diverse systems, networks, or protocols to communicate, exchange data, and function cooperatively across different environments. In the digital asset realm, this involves enabling seamless transfers and interactions between distinct blockchains and traditional financial infrastructures. Achieving this allows for greater liquidity, expanded utility, and a more connected digital economy. It removes barriers between disparate technological ecosystems.
Context ∞ News about Global Interoperability often highlights projects and protocols working on cross-chain solutions or bridges that connect different blockchain networks. The ability for digital assets and data to move freely between various platforms is a significant factor in scaling the decentralized finance (DeFi) sector. Regulatory discussions also touch upon the need for interoperable standards to prevent isolated digital asset markets. This concept is central to the long-term vision of a unified digital financial system.