Chainlink Joins Banks to Build Near-Instant FX Settlement Infrastructure Between Europe and South Korea
Chainlink is collaborating with 47 European and South Korean banks on Project Pangea, aiming to enable near-instant foreign exchange settlements using regulated stablecoins. This initiative targets the $150 billion trade corridor between the regions and positions Chainlink as a competitor in cross-border payments against Ripple (XRP) and Stellar (XLM). Despite growing institutional adoption, LINK's price has not yet reflected this expansion.
Tickers: $XRP
Topics: Chainlink cross-border payments Project Pangea Ripple (XRP) Stellar (XLM)