DeFiBullishBlockonomi · 4h ago7/10
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Chainlink and Global Banks Launch Project Pangea to Rebuild Cross-Border FX Settlement
Project Pangea brings together 47+ European and Korean banks to modernize cross-border foreign exchange settlement using stablecoins and blockchain technology. The initiative leverages Chainlink's infrastructure (CCIP, Data Streams, Runtime Environment) alongside FairSquareLab's Pangea L1 blockchain to enable real-time, atomic T+0 FX transactions, with Qivalis's euro stablecoin consortium providing the EUR settlement layer.
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