Today, IBC continues to maintain its well-regarded position as a neutral, open-source standard for interoperability. Functioning entirely without any third-party intermediary, the technology has achieved incredible milestones over the course of five years. It currently bridges 115+ digital ledgers and has securely routed $50B+ in assets across the ecosystem. This impressive journey all traces back to March 29, 2021, when the initial IBC connection was successfully launched to unite the Cosmos and IRIS Network.