Chainlink Joins Project Pangea Push To Modernize FX Settlement For 47 Banks
Project Pangea aims to connect traditional SWIFT messaging with stablecoin-based T+0 settlement using Chainlink CCIP and Data Streams as middleware.
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Chainlink's partnerships with DTCC and Pangea could revolutionize financial infrastructure, enhancing efficiency and security in global markets. The post Chainlink’s CRE selected by DTCC for collateral management and Pangea for FX settlement appeared first on Crypto Briefing.
Read full articleProject Pangea aims to connect traditional SWIFT messaging with stablecoin-based T+0 settlement using Chainlink CCIP and Data Streams as middleware.
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Chainlink and a multinational consortium of more than 50 banks across 16 countries launched Project Pangea at Point Zero Forum in Zurich, targeting real-time atomic settlement for the $9.6 trillion-a-day global foreign exchange market via Chainlink rails, Swift messaging, and regulated EUR and KRW
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