Chainlink Joins Project to Expedite Forex Settlements with Korean and European Financial Institutions

Redefining the Foreign Exchange Market

Chainlink (LINK), a provider of oracle platforms, announced on the 23rd the launch of 'Project Pangea,' a joint project aimed at redefining the foreign exchange market by constructing a real-time international payment model utilizing stablecoins.

Specifically, the project involves developing new solutions to shorten the settlement period for foreign exchange transactions. This initiative includes a focus on financial institutions primarily in Europe...