Chainlink is the only full-stack oracle platform that supports every key requirement of advanced onchain use cases:
→ Data
→ Interop
→ Privacy
→ Compliance
→ Orchestration
At Point Zero Forum this week, Chainlink launched Project Pangea with a multinational consortia of 50+ banks to redefine global FX markets.
Key highlights 🧵
The Chainlink ecosystem is continually evolving how it supports the growth of early and mid-stage projects.
As part of this, the Chainlink Build program is adapting to reflect the changing landscape and support sustainable network economics.
https://t.co/WmpBQzVcit
With the recent launch of Project Pangea, Chainlink & 50+ global banks are redefining the world's largest financial market:
International Forex.
@AndrewMcMarkets, Head of Institutional and Market Development at Chainlink Labs, explains the impact on @therollupco ⤵️
NEW: @trize_io adopts Chainlink to power proof of insurance for its novel tokenized private credit product on @CantonNetwork.
With Chainlink bringing insurance coverage data onchain, T-RIZE is eliminating manual processes for RWAs in the $3 trillion private credit market.
Just like Mario and Luigi, I still get excited about plumbing. 🪠
The most important parts of financial markets are often the ones nobody sees. FX is the largest market in the world, often handling 10x the daily volume of U.S. equities. Yet it rarely makes headlines.
That's why I'm excited to see Project Pangea come to life and make one of the world's most important markets more connected, efficient, and versatile with @chainlink.
JUST IN: 100+ year-old asset management firm Ballie Gifford launches new tokenized bond fund.
$BAGEY is issued natively onchain & delivers corporate bond yields directly to users while operating 24/7/365.
JUST IN: FX is speeding up onchain. @Chainlink, FairSquareLab, UniKA and @Qivaliseu launched Project Pangea, an initiative with banks in Europe and South Korea to test real-time FX settlement using regulated EUR and KRW stablecoins, Swift messaging and Chainlink infrastructure.
Read more from Ollie Acuna on CoinDesk
NEW: Chainlink & multinational banking consortia launch Project Pangea to develop a novel solution redefining international FX markets.
Pangea brings together 50+ banks, representing $10+ trillion AUM, to unlock T+0 cross-border settlement via Chainlink & ISO 20022 standards 🧵