🌉 Chainlink Partners With European & South Korean Banks to Explore Stable coin FX Settlement Chainlink has announced a new collaboration with banking alliances across Europe and South Korea under an initiative called Project Pangea.


🔸 The project aims to explore whether euro and Korean won stable coins can be used for real-time cross-border foreign exchange settlement without relying on traditional intermediaries.
⚙️ Within the initiative:
• Chainlink will provide data and interoperability infrastructure
• Fair Square Lab will handle onchain payment technology
🏦 Although the project is still in the research phase with no official deployment timeline yet, it highlights a growing trend:major banks are increasingly viewing stable coins as a potential tool to modernize traditional financial infrastructure.
📈 Citigroup recently projected that the global stable coin market could grow to as much as $1.9 trillion by 2030.
🌍 Cross-border payments remain one of the largest opportunities for blockchain adoption, especially as banks search for faster settlement systems with lower operational costs.
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