2 hours ago
Chainlink and Global Banks Launch Project Pangea to Rebuild Cross-Border FX Settlement
BusinessCCIPchainlinkCross-Border PaymentsFX Settlementinstitutional blockchainProject PangeaStablecoinsT+0 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.
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