7Institutional TransitionNewJun 24, 2026
Chainlink Project Pangea: 47 Banks Pilot T+0 Stablecoin FX Settlement
Chainlink launched Project Pangea in collaboration with a consortium of 47 South Korean and European banks to explore T+0 settlement for stablecoin foreign exchange transactions. The project targets rebuilding cross-border FX settlement infrastructure using stablecoin rails. LINK's price fell approximately 5% following the announcement.
Story timeline · 2 days
- Jun 27, 20267Chainlink Project Pangea Expands to 50+ Banks Across 16 Countries for T+0 FX Settlement
Consortium size updated from 47 banks to 50+ banks across 16 countries; geographic scope expanded in today's reporting.
- Jun 24, 20267· this storyChainlink Project Pangea: 47 Banks Pilot T+0 Stablecoin FX Settlement
Sources · 5
- Chainlink has launched the Pangea Project in collaboration with a consortium of multinational banks to explore T+0 settlement for stablecoin foreign exchange transactions.lookonchain.com · T2
- Chainlink joined $10 trillion Project Pangea, LINK price fell 5% after announcementen.coin-turk.com · T2
- Chainlink teams up with 47 South Korean, European banks to speed up international money transferscoindesk.com · T1
- Chainlink joins European and Korean bank consortia to develop FX settlement networkcointelegraph.com · T1
- Chainlink and Global Banks Launch Project Pangea to Rebuild Cross-Border FX Settlementblockonomi.com · T2