2 hours ago

Chainlink and Global Banks Launch Project Pangea to Rebuild Cross-Border FX Settlement

TLDR: Project Pangea unites 47+ European and Korean banks to pursue atomic T+0 FX settlement via stablecoins. Chainlink CCIP, Data Streams, and the Runtime Environment form the project’s core connectivity layer.  FairSquareLab’s Pangea L1 enforces oracle-first transaction ordering for real-time interbank FX swaps.  Qivalis and its 37-bank euro stablecoin consortium serve as the EUR anchor [...]

The post Chainlink and Global Banks Launch Project Pangea to Rebuild Cross-Border FX Settlement appeared first on Blockonomi.

Source: Blockonomi →