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Chainlink Facilitates CBDC–Stablecoin Exchange Between Hong Kong and Australia

  • Chainlink facilitated a pilot cross-border exchange between Hong Kong's e-HKD CBDC and ANZ's Australian dollar stablecoin on June 9, 2025.
  • This event resulted from Phase 2 of Hong Kong's e-HKD+ Pilot Program led by the HKMA, aiming to test digital currency applications with major financial firms.
  • The pilot used Chainlink's Cross-Chain Interoperability Protocol to enable real-time settlement via smart contracts and tokenization, involving Visa, ANZ, China AMC, and Fidelity.
  • Chainlink's native token LINK rose nearly 2% following the announcement, highlighting market optimism about blockchain facilitating secure CBDC-stablecoin interoperability.
  • This pilot highlights expanding endorsement from major institutions for blockchain technology in cross-border payments and indicates that further integration of digital currencies could transform global financial frameworks.
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DiarioBitcoin broke the news in on Monday, June 9, 2025.
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