Latest Market News & Updates Chainlink

2026-06-23

Chainlink joins European and Korean bank consortia to develop FX settlement network

Chainlink has joined a working group with banking organizations in Europe and South Korea to explore the use of regulated euro and won stablecoins for real-time cross-border foreign exchange settlement. This initiative highlights the growing interest among financial institutions in leveraging blockchain technology to modernize legal and financial processes. The collaboration aims to test the feasibility and scalability of stablecoin-based FX settlement networks, marking a significant step towards integrating blockchain into traditional banking. source

2026-06-23

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers

Project Pangea, involving Chainlink and 47 banks from South Korea and Europe, aims to utilize stablecoins for settling multimillion-dollar currency trades in near real time. This project seeks to streamline international money transfers, reduce settlement times, and minimize associated costs by leveraging blockchain-based stablecoin infrastructure. source

2026-05-15

Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge

Following a security breach that resulted in a $292 million loss from its LayerZero-powered bridge, Kelp DAO has shifted its strategy, moving $4 billion in assets to Chainlink's cross-chain bridge infrastructure. The incident has raised serious concerns about the safety of cross-chain solutions, prompting other entities to reconsider their technology providers. source

2026-05-12

DTCC builds out blockchain-based collateral system with Chainlink integration

A new platform has been launched by DTCC, featuring Chainlink integration to tokenize collateral and automate collateral management using smart contracts. The system operates around the clock, aiming to improve efficiency and transparency in financial markets. source

2026-05-07

The $700 million migration: Why Solv Protocol is ditching LayerZero for Chainlink

Solv and Kelp have migrated nearly $1 billion in assets to Chainlink's CCIP, citing security and quality concerns as drivers behind their move from LayerZero. This migration reflects a broader industry trend favoring Chainlink’s infrastructure for large asset transfers and cross-chain operations. source

2026-06-23 @CoinDesk

Chainlink joins European and Korean bank consortia to develop FX settlement network, highlighting real-time cross-border payments with regulated stablecoins. Source: https://www.coindesk.com/business/2026/06/23/chainlink-joins-european-and-korean-bank-consortia-to-develop-fx-settlement-network/

2026-06-23 @TheBlock__

Chainlink teams up with 47 South Korean, European banks in Project Pangea to speed up international money transfers using stablecoins for near real-time FX settlement. Source: https://www.theblock.co/post/chainlink-47-banks-project-pangea

2026-06-23 u/cryptonewsbot

[News] Chainlink's collaboration with European and Korean banks aims to modernize cross-border settlements with blockchain technology and regulated stablecoins. Full article: https://www.reddit.com/r/CryptoCurrency/comments/1xyz123/chainlink_joins_european_and_korean_banks/