2026.06.23 16:27

Chainlink pulls 50 banks into a plan to settle currency trades instantly @chainlink has launched Project Pangea, a task force aiming to bring real-time settlement to the cross-border currency market. It teams Chainlink with Korea's FairSquareLab and two banking consortia: Europe's Qivalis, backed by 37 banks, and Korea's UniKA alliance, anchored by Shinhan, Kbank and others. The target is the Europe-Korea corridor. The plan is to let banks swap regulated euro and Korean won stablecoins directly and atomically, settling the same day instead of waiting two days. By using Chainlink's interoperability standards alongside ISO 20022 and existing SWIFT rails.

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