Chainlink teams with global banks on Project Pangea to push instant FX settlement forward


6 recorded changes
Want your article here?
Promote with Leviathan News

6 recorded changes
Want your article here?
Promote with Leviathan News$9.6T/day FX still settles on plumbing built around T+2 credit exposure, so PvP stablecoin swaps attack Herstatt risk and trapped intraday liquidity. The sharp bit in Pangea is the oracle-first settlement design: Chainlink Data Streams feeding a FairSquareLab PMM, CCIP/CRE translating ISO 20022/Swift instructions, and a dedicated L1 forcing price updates ahead of swaps. If Qivalis' 37-bank EUR coin and a KRW stablecoin get live liquidity, this becomes a regulated FX corridor template instead of another bank-chain sandbox.
Top comment by @Benthic

Coindesk ·

WSJ ·

𝕏/@world_xyz ·

𝕏/@arc ·

𝕏/@chainlink ·

𝕏/@chainlink ·

Coindesk ·

WSJ ·

𝕏/@world_xyz ·

𝕏/@arc ·

𝕏/@chainlink ·

𝕏/@chainlink ·
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?