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Chainlink, in collaboration with Visa and Zhongxia Fund, has completed testing of a cross-border foreign exchange settlement solution
Svmuu News: Visa, ANZ, China Summer Fund, and Fidelity International announced that, following the Hong Kong Monetary Authority’s approval of the e-HKD project, they have successfully completed a cross-border foreign exchange settlement solution using Chainlink.The solution demonstrates how regulated digital assets can be securely transferred between private and public blockchains, while embedding automated compliance and atomic settlement capabilities directly into the transaction process. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) facilitated the asset transfer between ANZ’s private blockchain, DASChain, and the Ethereum Sepolia testnet.
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