Latest Market News & Updates Chainlink

2026-06-23

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

Chainlink has officially joined a consortium of European and South Korean banks to develop a foreign exchange settlement network leveraging regulated euro and won stablecoins. This working group aims to utilize blockchain technology for real-time cross-border FX settlements, representing a significant step toward modernizing traditional financial systems. The move underscores the banking sector’s increasing interest in blockchain solutions for legal and financial process improvements. Source

2026-06-23

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

Project Pangea, featuring Chainlink and a coalition of 47 banks across Europe and South Korea, is set to leverage stablecoins for settling multimillion-dollar currency trades in near real time. The initiative aims to drastically reduce settlement times and costs for cross-border money transfers, using Chainlink’s infrastructure as a backbone for secure and automated transactions. Source

2026-05-15

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

Following a security breach at Kelp DAO that resulted in $292 million lost via LayerZero’s bridge, Lombard has joined a wave of projects migrating assets to Chainlink’s bridge infrastructure. The incident has intensified scrutiny over cross-chain security, prompting asset managers to prioritize safety and reliability. Source

2026-05-12

DTCC builds out blockchain-based collateral system with Chainlink integration

The Depository Trust & Clearing Corporation (DTCC) has launched a platform that tokenizes collateral, employing Chainlink’s smart contracts for automated, round-the-clock collateral management. This marks a major milestone in integrating blockchain into mainstream financial infrastructure, enabling greater efficiency and transparency in asset management. Source

2026-05-07

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

Solv Protocol and Kelp DAO have migrated nearly $1 billion in assets from LayerZero’s bridge to Chainlink’s CCIP, citing security concerns and quality requirements. This move reflects a broader industry trend prioritizing robust, trustworthy infrastructure for asset transfers. Source

2026-06-23 @CoinDesk

Chainlink joins European and Korean bank consortia to develop a real-time FX settlement network, leveraging stablecoins for cross-border transactions. Project Pangea brings together 47 banks to explore blockchain-powered currency trades. #Chainlink #blockchain #stablecoin

2026-05-15 @TheBlock__

Lombard joins LayerZero exodus as $4B in assets migrate to Chainlink’s bridge. The move follows a $292M security breach, amplifying concerns about cross-chain infrastructure safety. #Chainlink #LayerZero #crypto

2026-05-12 @DTCC

DTCC launches a blockchain-based collateral system with Chainlink integration, enabling automated 24/7 collateral management for financial markets using tokenized assets and smart contracts. #Chainlink #blockchain #finance