Chainlink and Over 10 Korean lenders Push to Kill FX Delays With Real-Time Settlement

Chainlink launches Project Pangea with 50+ banks to test T+0 FX settlement using stablecoins and ISO 20022. Chainlink has launched Project Pangea with multinational banking groups across Europe and South Korea. The project brings together more than 50 banks representing over $10 trillion in assets under management. The initiative will test how stablecoins can support […] The post Chainlink Joins 50+ Banks in Project Pangea for T+0 FX Settlement Push Today appeared first on Live Bitcoin News.

Synthetix founder Kain Warwick published a detailed thread this morning acknowledging that sUSD has been depegged for over a year, taking personal responsibility for treasury mismanagement, and outlining a basis-vault-backed replacement stablecoin to run on the protocol's new v4 exchange.

The integration of Chainlink in cross-border settlements could revolutionize global trade efficiency, reducing risks and unlocking capital. The post Chainlink joins 47 banks to enable T+0 cross-border settlements between Europe and South Korea appeared first on Crypto Briefing.

KG Inicis and Solana partner to build stablecoin payments, linking a KRW 25T merchant network to onchain commerce in Korea. South Korea’s KG Inicis has signed an MOU with the Solana Foundation. The agreement focuses on stablecoin payments for merchants. KG Inicis is South Korea’s largest payment platform by merchant reach. It processes more than […] The post Solana Stablecoin Push Grows as KG Inicis Brings KRW 25T Network Onchain appeared first on Live Bitcoin News.

Oobit's integration with PIX could accelerate stablecoin adoption in Brazil, challenging traditional banking and boosting crypto's mainstream appeal. The post Oobit integrates USDT with Brazil’s PIX payment network for 170M users appeared first on Crypto Briefing.

Project Pangea could revolutionize global finance by enhancing cross-border transactions, reducing risks, and integrating blockchain with existing systems. The post Chainlink, Korean and European banks launch Project Pangea appeared first on Crypto Briefing.

Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.

Ripple secured preliminary MiCA CASP approval to expand regulated services across Europe. The license supports cryptoasset and stablecoin payments for banks and fintech firms. Full approval would strengthen Ripple’s European footprint under a unified framework. Ripple has secured preliminary approval for a Crypto Asset Service Provider license in Luxembourg under the European Union’s Markets in […] The post Ripple Secures MiCA License Approval to Expand Across Europe appeared first on Live Bitcoin News.