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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Project Pangea aims to connect traditional SWIFT messaging with stablecoin-based T+0 settlement using Chainlink CCIP and Data Streams as middleware.
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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Chainlink joins Project Pangea with European and Korean banks to test global stablecoin-based FX settlement using Swift and ISO 20022 rails.