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I have a thesis that the OG Web3 is dead.
Everything is moving to Web2.5.
@chainlink case is one of the many – look what happened ↓
Chainlink Labs joined Project Pangea, a coalition of 47 banks targeting real-time stablecoin-based FX settlement across the Europe–South Korea trade corridor.
The project aims to replace T+2 with near-instant T+0 atomic PvP settlement using regulated euro- and won-pegged stablecoins.
This is a meaningful institutional adoption signal for Chainlink’s oracle and cross-chain infrastructure.
Chainlink will become the boring infra for classic finance.
Is it good? Yeah.
Is it changing crypto as we know it?
Also yeah.