Project Pangea, a collaboration involving Chainlink, over 10 Korean banks, and 37 European banks, seeks to replace the traditional two-day FX settlement cycle with real-time, stablecoin-based settlement. This initiative targets the $9.6 trillion daily FX market by enabling direct atomic swaps of EUR and KRW stablecoins, reducing reliance on intermediary currencies and settlement risk. The technology integrates existing banking messaging standards with blockchain layers to ensure transactions settle at current market prices. The working group will continue developing this multi-currency network, though no full deployment timeline is set yet.
Quant and Chainlink are developing blockchain interoperability solutions targeting banks, but with different approaches. Quant uses an abstraction layer called Overledger that connects banks to multiple blockchains through a single interface, simplif...
At Sibos 2026, Chainlink co-founder Sergey Nazarov highlighted how banks like Deutsche Bank and BNP Paribas are actively developing their own tokenized deposit blockchains to speed up settlements. This shift from experimentation to infrastructure own...
Solana has experienced a 33% increase in new wallet addresses since September 1, signaling rapid user adoption despite a modest 20% price gain. This growth outpaces Ethereum and Chainlink, which saw little to no increase in new addresses despite pric...
Chainlink's price fell about 4.74% to around $13.35, with a weekly loss of over 7%, as traders reacted to cooling momentum despite the launch of new institutional products like CCIP 2.0 and Fulcrum. While the token saw a roughly 24% price increase in...
Chainlink (LINK) is trading around $13.84 after pulling back from a brief surge above $15. The token maintains an ascending support line from August near $13, signaling ongoing bullish momentum. The network launched CCIP 2.0, enhancing security and s...
