Chainlink (LINK) Price

Chainlink collaborates with European and South Korean banks on Project Pangea to test stablecoin atomic swaps, aiming to modernize cross-border payments. Experts forecast the stablecoin market could reach $1.9 trillion by 2030.

Chainlink is partnering with 47 banks in South Korea and Europe to pilot a blockchain-based remittance system. This initiative aims to slash transaction times from days to minutes and reduce costs by leveraging secure oracle data feeds and smart contracts. While specific bank names remain undisclosed, the project signals strong institutional interest in modernizing cross-border payments through decentralized infrastructure.

Chainlink has launched Project Pangea, partnering with 47 banks across Europe and South Korea to facilitate instant, stablecoin-based cross-border payments. Aiming to launch live operations within 12 months, the project utilizes an atomic payment mechanism to reduce settlement risks while integrating with existing Swift infrastructure, positioning itself as a complementary technology rather than a direct rival to Ripple.

European and South Korean banks are collaborating with Chainlink to explore using regulated stablecoins for real-time cross-border FX settlements.

Chainlink has formed a strategic partnership with 47 banks across South Korea and Europe to streamline and speed up cross-border financial transactions.

Chainlink has partnered with 47 banks across South Korea and Europe under Project Pangea to facilitate near real-time settlement of large-scale currency trades using stablecoins.

Chainlink has launched 'APAC Equities Streams' to deliver real-time stock data for major Asian companies like Samsung and Toyota onto blockchains. This initiative enables developers to build DeFi products such as synthetic stocks and prediction markets, bridging traditional finance with decentralized ecosystems across South Korea, Japan, and eventually Greater China.