Chainlink has partnered with 47 European and South Korean banks in Project Pangea to enable near-instant cross-border payments using stablecoins pegged to the euro and South Korean won. The initiative aims to reduce the traditional 48-hour foreign exchange settlement time to almost real-time by using atomic payment-versus-payment mechanisms, cutting counterparty and settlement risks. Project Pangea acts as middleware, allowing banks to use existing Swift and ISO 20022 systems while settling transactions on the Pangea L1 blockchain network. This $150 billion trade corridor project targets live transactions within a legal and regulatory framework within the next 12 months, aiming to modernize international trade and improve liquidity for businesses.
Large holders of Chainlink (LINK) have increased their accumulation, withdrawing over 200,000 LINK tokens from Binance worth about $1.6 million, signaling growing confidence at current price levels near recent recovery zones. Despite this, exchange d...
Chainlink recently unlocked 21 million LINK tokens worth $166 million, transferring 18.375 million LINK to Binance. Despite this significant token movement, LINK's price remains in a strong downtrend, currently trading around $7.9 after falling from ...
OKX has integrated Chainlink Data Streams into the mainnet of its X Layer, a zero-knowledge Layer 2 (ZK L2) solution. This partnership aims to enable decentralized finance (DeFi) applications powered by artificial intelligence and support protocols i...
U.S. spot ETFs for Solana (SOL) and XRP (XRP) attracted modest inflows on June 18, driven mainly by Bitwise’s ETFs, indicating selective institutional interest. XRP spot ETFs recorded $2.55 million in net inflows, contributing to a cumulative $1.45 b...
