Chainlink and Over 10 Korean lenders Push to Kill FX Delays With Real-Time Settlement

Chainlink, a coalition of Korean commercial banks, and a 37-member European bank consortium announced Project Pangea on June 23, a working group focused on replacing the global foreign exchange market’s existing T+2 settlement cycle with real-time, stablecoin-based T+0 settlement. What Project Pangea Is The initiative brings together three primary partners: Fairsquarelab, described as a first-mover […]

Source: https://news.bitcoin.com/chainlink-and-over-10-korean-lenders-push-to-kill-fx-delays-with-real-time-settlement/