Bullish
Chainlink (LINK) partners with Bottomline for cross-border payments for 600+ banks.
In the past 24 hours, Chainlink (LINK) has announced a strategic partnership with Bottomline, a leading SWIFT service provider, to facilitate cross-chain, cross-border payments for over 600 banking clients. This collaboration aims to enhance institutional adoption of Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Chainlink Runtime Environment (CRE), providing secure and efficient payment solutions.
Key points
- Bottomline, moving over $16 trillion annually, integrates Chainlink's CCIP and CRE for cross-border payments.
- The partnership grants 600+ banks access to Chainlink's secure cross-chain payment infrastructure.
- The integration is expected to streamline cross-border transactions, potentially reducing costs and improving efficiency.
Sources
AI-generated from public news sources. Not financial advice.
