Follow UsChainlink joins European and Korean bank consortia to develop FX settlement network
Bullish+15.34%
23 Jun, 15:45
Source: Cointelegraph
AI Summary
Chainlink joins European and South Korean bank consortia to develop a stablecoin-based FX settlement network, representing significant institutional adoption for oracle infrastructure in traditional finance.
Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.