A consortium of European and South Korean banks, led by Chainlink and partners like FairSquareLab, has launched Project Pangea to pilot a stablecoin-based foreign exchange settlement system. The platform enables direct, simultaneous exchange of regulated digital euros and Korean won, aiming to speed up international payments and reduce reliance on traditional intermediaries. Chainlink's technology bridges legacy banking systems with blockchain networks, supporting real-time T+0 settlement and maintaining existing messaging protocols. While still experimental, the project highlights growing institutional interest in stablecoins for improving cross-border financial infrastructure.
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
Chainlink's co-founder Sergey Nazarov spoke at a White House event highlighting U.S. regulatory support for stablecoins and tokenized stocks, which could boost adoption of dollar-backed digital assets. Meanwhile, Ethereum infrastructure firm Nethermi...
Chainlink's Andrew McCormick predicts AI will drastically reduce the cost of launching new blockchain networks, leading to many chains emerging. This growth will heighten the need for interoperability solutions like Chainlink's Cross-Chain Interopera...
Cryptocurrency markets are experiencing significant gains, with Bitcoin reaching approximately $69,183, up 7.9%, and Ethereum surging 19.3% to $2,259.15. Other notable increases include Ripple (XRP) up 12.7%, Solana (SOL) up 12.5%, and Binance Coin (...
Nethermind has transitioned its cross-chain infrastructure from LayerZero to Chainlink after a thorough evaluation, becoming a Chainlink node operator supporting CCIP and Data Feeds. This move enhances Chainlink's cross-chain capabilities amid growin...
