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🔥 #LINK Chainlink has joined "Project Pangea" – an alliance of 47 banks from South Korea and Europe with assets under management exceeding $10 trillion.
➤ Goal: to accelerate international settlements between Europe and South Korea through regulated stablecoins pegged to the euro and South Korean won.
➤ Transactions are planned to be conducted via Swift, with Chainlink used as a bridge between banks and the blockchain (exchanging stablecoins for fiat).
➤ The first real transactions within legal and regulatory requirements are scheduled to be launched within 12 months.