Bottomline has partnered with Chainlink to connect a payments network processing more than $16 trillion annually with public and private blockchains, giving over 600 bank customers a route to cross-chain and cross-border settlement while retaining ISO 20022 messaging.
Chainlink Data Feeds are live on Tempo, giving stablecoin applications market data for collateral, exchange rates and automated risk controls.
Chainlink (LINK) is up 7.13% in the day to trade at $11.82 following several major developments. The first is the partnership with SWIFT services provider Bottomline, enabling over 600 banks to access Blockchain settlement through Chainlink.
On September 4, Chainlink's LINK was being traded at $11.88, which translates to a change of 6.8% in the last 24 hours. This follows the announcement of a joint venture of Chainlink and Bottomline, a provider of payments technology.
This Thursday, Bottomline announced it is teaming up with Chainlink to enable cross-border and cross-chain payment capabilities across its institutional network. The company, considered one of the top three Swift service providers in the world, annually processes over $16 trillion in financial transactions for more than 600 client banking institutions.
The partnership could revolutionize global finance by reducing cross-border transaction times and costs, enhancing efficiency and interoperability. Chainlink partners with Bottomline to enhance cross-border payments.
Chainlink has highlighted its US government economic data feeds, which can support prediction markets and other automated financial products.
Wyoming is using Chainlink to bring near-real-time reserve verification onchain for FRNT as the oracle provider expands its footprint across tokenized financial markets.
Chainlink connects smart contracts to real-world data through a decentralized oracle network that secures more than $33 billion in onchain value.
In a groundbreaking move, the US Department of Commerce has integrated Chainlink's oracle infrastructure to transmit verified economic statistics onto public blockchain networks. The Bureau of Economic Analysis serves as the source for three critical metrics: real GDP figures, the PCE Price Index, and Real Final Sales to Private Domestic Purchasers.
Chainlink has made six official U.S. economic data feeds covering GDP, inflation, and private domestic demand available across 10 public blockchain networks. Chainlink said the U.S.
The US Commerce Department has partnered with Chainlink to bring official government economic statistics directly to public blockchains, expanding access to trusted GDP and inflation data for decentralized applications. Under the initiative, economic data from the Bureau of Economic Analysis (BEA) will be distributed through Chainlink Data Feeds.